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Richmond Mortgage Information

Average Mortgage Loan in Richmond: $176,627

How 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.

RankLocation Contribution
242COBALT, ON 0.022%
243CASSELMAN, ON 0.022%
244PARKHILL, ON 0.022%
245CHESLEY, ON 0.022%
246UNIONVILLE, ON 0.022%
247RICHMOND, ON 0.022%
248KEEWATIN, ON 0.021%
249PORT STANLEY, ON 0.021%
250CARP, ON 0.021%
251AMHERSTVIEW, ON 0.021%
252EXETER, 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.

Nearest Settlements


1Mansfield, Ontario
2Smiths Falls, Ontario
3Oxford Mills, Ontario
4Merrickville, Ontario
5Vernon, Ontario
6Kemptville, Ontario
7Ashton, Ontario
8Munster, Ontario
9Perth, Ontario
10North Gower, Ontario
11Harrowsmith, Ontario
12Portland, Ontario
13Stittsville, Ontario
14Westport, Ontario
15Carlsbad Springs, Ontario
16Gloucester, Ontario
17Greely, Ontario
18Manotick, Ontario
19Nepean, Ontario
20Metcalfe, Ontario
21Yarker, Ontario
22Finch, Ontario
23Sydenham, Ontario
24Winchester, Ontario
25Ottawa, Ontario
26Orleans, Ontario
27Russell, Ontario
28Osgoode, Ontario
29Mountain, Ontario
30Godfrey, Ontario
31Lanark, Ontario
32Vanier, Ontario
33Dunrobin, Ontario
34Matcalfe, Ontario
35Navan, Ontario
36Odessa, Ontario
37Sharbot Lake, Ontario


Last mortgage report update for Richmond: Friday, July 1, 2016
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Mortgage Product Popularity
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Woodstock.

Mortgage Product Type Inquiries
Refinance/Consolidate Debt25.17%
Mortgage Pre-approval23.81%
New Purchase13.61%
First-time Home Buyer11.56%
Mortgage Renewal11.56%
No Money Down discontinued6.80%
Other7.48%
 
Mortgage Statistics
Did you know? The average home loan in Shelburne is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.
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