Canada |
BC |
AB |
SK |
MB |
ON |
QC |
NL |
PE |
NS |
NB |
YT |
NU |
NT
Richmond Mortgage Information
Average Mortgage Loan in Richmond: $176,627How Richmond Ranks in Ontario for Mortgage Business
The following table lists how Richmond 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.
Rank | Location | Contribution |
---|---|---|
242 | COBALT, ON | 0.022% |
243 | CASSELMAN, ON | 0.022% |
244 | PARKHILL, ON | 0.022% |
245 | CHESLEY, ON | 0.022% |
246 | UNIONVILLE, ON | 0.022% |
247 | RICHMOND, ON | 0.022% |
248 | KEEWATIN, ON | 0.021% |
249 | PORT STANLEY, ON | 0.021% |
250 | CARP, ON | 0.021% |
251 | AMHERSTVIEW, ON | 0.021% |
252 | EXETER, ON | 0.021% |
Types of Mortgage Inquiries Received from Richmond
Type of Mortgage Application Form Selected | Percentage of Inquiries | |
---|---|---|
Mortgage Pre-approval: | 30.8% | |
No Money Down Mortgage (discontinued): | 23.1% | |
Mortgage Renewal: | 15.4% | |
Refinance / Debt Consolidation: | 15.4% | |
New Home Purchase: | 7.7% | |
First-time Home Buyer: | 7.7% | |
Total Application Types Found: 6 |
Age Demographics for Richmond Mortgages
Average age: 39
Oldest age: 55
Youngest age: 22
Incomes for Richmond Mortgages
The following depicts the average income of applicants living in Richmond who have submitted an inquiry using the Super Brokers' mortgage application.
Average annual gross income for | |
---|---|
mortgage applicants in Richmond: | $52,873.00 |
applicants within all of Canada: | $60,852.54 |
Difference: | ($7,979.54) |
mortgage co-applicants in Richmond: | $62,813.00 |
co-applicants within all of Canada: | $43,965.51 |
Difference: | $18,847.49 |
Note: Commercial Mortgage loans were not included for this report, only residential loans from Richmond, Ontario were used.