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Porcupine Mortgage Information

Average Mortgage Loan in Porcupine: $132,862

How Porcupine Ranks in Ontario for Mortgage Business

The following table lists how Porcupine ranks for mortgage applications sent to our website. The data collected is over a 7-year time frame. A location has to have a minimum of three applications to make the list. To find more information, simply click on a location.

RankLocation Contribution
326BURKS FALLS, ON 0.016%
327EVERETT, ON 0.016%
328MOUNTAIN, ON 0.016%
329GRAND BEND, ON 0.016%
330BATH, ON 0.016%
331PORCUPINE, ON 0.016%
332TROY, ON 0.014%
335WASHAGO, ON 0.014%
336ECHO BAY, ON 0.014%

Types of Mortgage Inquiries Received from Porcupine

Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 44.4%
First-time Home Buyer: 22.2%
New Home Purchase: 11.1%
Refinance / Debt Consolidation: 11.1%
No Money Down Mortgage (discontinued): 11.1%
Total Application Types Found: 5

Age Demographics for Porcupine Mortgages

Average age: 37
Oldest age: 50
Youngest age: 22

Incomes for Porcupine Mortgages

The numbers below represent the average income of applicants living in Porcupine who have submitted a mortgage inquiry using the pre-approval application on the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Porcupine: $72,775.00
applicants within all of Canada: $60,852.54
Difference: $11,922.46
mortgage co-applicants in Porcupine: $41,250.00
co-applicants within all of Canada: $43,965.51
Difference: ($2,715.51)

Note: Commercial Mortgage loans were not included for this section, only residential mortgage loans from Porcupine, Ontario were used.

Last mortgage report update for Porcupine: Friday, July 1, 2016
Mortgage Quote - Apply
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Fort Erie.

Mortgage Product Type Inquiries
No Money Down discontinued17.19%
First-time Home Buyer17.19%
New Purchase15.63%
Mortgage Renewal14.06%
Mortgage Pre-approval12.50%
Refinance/Consolidate Debt10.94%
Second Mortgage4.69%
Powerful Mortgage Calculator
Our mortgage calculator has been rebuilt in order to make it more powerful while at the same time, easier to use. Adjust mortgage rates, terms and amortizations or add lump sum payments and see how it affects your mortgage balance over time with our new custom generated charts and graphs.
Mortgage Calculator Amortization Schedule