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Selkirk Mortgage Information

Average Mortgage Loan in Selkirk: $143,222

How Selkirk Ranks in Ontario for Mortgage Business

The following table lists how Selkirk 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
255NORWOOD, ON 0.021%
256PALGRAVE, ON 0.021%
257MORRISBURG, ON 0.021%
258SHANTY BAY, ON 0.021%
259HAWKESBURY, ON 0.021%
260SELKIRK, ON 0.021%
261ILDERTON, ON 0.021%
262ALEXANDRIA, ON 0.021%
263WINCHESTER, ON 0.021%
265GERALDTON, ON 0.019%

Types of Mortgage Inquiries Received from Selkirk

Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 33.3%
Mortgage Pre-approval: 16.7%
First-time Home Buyer: 16.7%
Investment: 8.3%
Low Doc: 8.3%
No Money Down Mortgage (discontinued): 8.3%
Second Mortgage: 8.3%
Total Application Types Found: 7

Age Demographics for Selkirk Mortgage Applicants

Average age: 38
Oldest age: 59
Youngest age: 21

Incomes for Selkirk Mortgage Applicants

The figures below represent the average income of people living in Selkirk who have submitted an inquiry using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Selkirk: $39,687.27
applicants within all of Canada: $60,852.54
Difference: ($21,165.27)
mortgage co-applicants in Selkirk: $34,728.57
co-applicants within all of Canada: $43,965.51
Difference: ($9,236.94)

Note: Commercial Mortgage loans were not included for this report, only residential loans amounts were used.

Last mortgage report update for Selkirk: Friday, July 1, 2016
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