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South River Mortgage Information

Average Mortgage Loan in South River: $103,125

How South River Ranks in Ontario for Mortgage Business

The following table lists how South River 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
226COLBORNE, ON 0.024%
227SUTTON WEST, ON 0.024%
228DUNDALK, ON 0.024%
231SOUTH RIVER, ON 0.022%
232LONGLAC, ON 0.022%
233CALLANDER, ON 0.022%
234AZILDA, ON 0.022%
235SUNDERLAND, ON 0.022%
236WAHNAPITAE, ON 0.022%

Types of Mortgage Inquiries Received from South River

Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 30.8%
New Home Purchase: 23.1%
Mortgage Pre-approval: 15.4%
Commercial: 15.4%
No Money Down Mortgage (discontinued): 7.7%
First-time Home Buyer: 7.7%
Total Application Types Found: 6

Age Demographics for South River Mortgage Applicants

Average age: 33
Oldest age: 46
Youngest age: 23

Incomes for South River Mortgage Applicants

The following figures show the average income of people living in South River who have submitted an inquiry using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in South River: $39,175.00
applicants within all of Canada: $60,852.54
Difference: ($21,677.54)

Note: Commercial Mortgage loans were not included for this report, only residential mortgage loan amounts from South River, Ontario were used.

Last mortgage report update for South River: Friday, July 1, 2016
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