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Russell Mortgage Information

Average Mortgage Loan in Russell: $203,750

How Russell Ranks in Ontario for Mortgage Business

The following table lists how Russell 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
318CAMERON, ON 0.016%
319HAMMOND, ON 0.016%
320CUMBERLAND, ON 0.016%
321IROQUOIS, ON 0.016%
322KIRKFIELD, ON 0.016%
323RUSSELL, ON 0.016%
324WOODVILLE, ON 0.016%
325TOBERMORY, ON 0.016%
326BURKS FALLS, ON 0.016%
327EVERETT, ON 0.016%
328MOUNTAIN, ON 0.016%

Types of Mortgage Inquiries Received from Russell

Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 44.4%
Refinance / Debt Consolidation: 22.2%
First-time Home Buyer: 22.2%
No Money Down Mortgage (discontinued): 11.1%
Total Application Types Found: 4

Age Demographics for Russell Mortgage Applicants

Average age: 32
Oldest age: 41
Youngest age: 24

Incomes for Russell Mortgage Applicants

The following depicts the average income of applicants living in Russell who have applied for a home loan using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Russell: $48,227.11
applicants within all of Canada: $60,852.54
Difference: ($12,625.43)
mortgage co-applicants in Russell: $45,166.67
co-applicants within all of Canada: $43,965.51
Difference: $1,201.15

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

Last mortgage report update for Russell: 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 Collingwood.

Mortgage Product Type Inquiries
First-time Home Buyer25.86%
Mortgage Pre-approval22.41%
Refinance/Consolidate Debt18.97%
No Money Down discontinued17.24%
Mortgage Renewal10.34%
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