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Shanty Bay Mortgage Information

Average Mortgage Loan in Shanty Bay: $267,718

How Shanty Bay Ranks in Ontario for Mortgage Business

The following table lists how Shanty Bay 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
254DRESDEN, ON 0.021%
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%

Types of Mortgage Inquiries Received from Shanty Bay

Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 33.3%
New Home Purchase: 16.7%
First-time Home Buyer: 16.7%
Mortgage Renewal: 8.3%
Equity Mortgage: 8.3%
No Money Down Mortgage (discontinued): 8.3%
Investment: 8.3%
Total Application Types Found: 7

Age Demographics for Shanty Bay Mortgages

Average age: 38
Oldest age: 64
Youngest age: 19

Incomes for Shanty Bay Mortgages

The amounts shown below represent the average income of Canadians living in Shanty Bay who have applied for a loan using Mortgage Super Brokers' online mortgage application.

Average annual gross income for
mortgage applicants in Shanty Bay: $71,387.25
applicants within all of Canada: $60,852.54
Difference: $10,534.71
mortgage co-applicants in Shanty Bay: $43,684.50
co-applicants within all of Canada: $43,965.51
Difference: ($281.01)

Note: Commercial Mortgages were not included for this report, only residential mortgage loan amounts were used.

Last mortgage report update for Shanty Bay: Friday, July 1, 2016
Mortgage Calculator
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%
Did you know? The average home loan in Kapuskasing is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.