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Scotland Mortgage Information

Average Mortgage Loan in Scotland: $149,111

How Scotland Ranks in Ontario for Mortgage Business

The following table lists how Scotland 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
275RIDGETOWN, ON 0.019%
279WEST LORNE, ON 0.019%
280SCOTLAND, ON 0.019%
281SEAFORTH, ON 0.019%
282SCHOMBERG, ON 0.019%
283LIMOGES, ON 0.019%
284LIVELY, ON 0.019%
285CHAPLEAU, ON 0.019%

Types of Mortgage Inquiries Received from Scotland

Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Renewal: 36.4%
First-time Home Buyer: 18.2%
New Home Purchase: 9.1%
Refinance / Debt Consolidation: 9.1%
Mortgage Pre-approval: 9.1%
Pre-approval: 9.1%
Commercial: 9.1%
Total Application Types Found: 7

Age Demographics for Scotland Mortgage Applicants

Average age: 39
Oldest age: 48
Youngest age: 31

Incomes for Scotland Mortgage Applicants

The numbers below represent the average income of applicants living in Scotland who have applied for a loan using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Scotland: $71,385.45
applicants within all of Canada: $60,852.54
Difference: $10,532.91

Note: Commercial Mortgages were not included for this report, only residential loans from Scotland, Ontario were used.

Last mortgage report update for Scotland: Friday, July 1, 2016
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Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in St Thomas.

Mortgage Product Type Inquiries
Mortgage Pre-approval23.76%
Refinance/Consolidate Debt16.83%
No Money Down discontinued14.85%
First-time Home Buyer14.85%
Mortgage Renewal10.89%
New Purchase10.89%