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Steinbach Mortgage Information

Average Mortgage Loan in Steinbach: $147,991

Manitoba Mortgage Originations Compared to all other Provinces and Territories


Online Mortgage Origination for the Province or Territory of Percentage of Applications
Alberta: 21.07%
British Columbia: 10.40%
Manitoba: 2.00%
New Brunswick: 2.53%
Newfoundland and Labrador: 1.30%
Nova Scotia: 3.29%
Northwest Territories: 0.49%
Nunavut: 0.10%
Ontario: 47.31%
Prince Edward Island: 0.51%
Quebec: 3.94%
Saskatchewan: 5.04%
Yukon: 0.47%

How Steinbach Ranks in Manitoba for Mortgage Business

The following table lists how Steinbach 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
2BRANDON, MB 0.128%
3THOMPSON, MB 0.054%
4PORTAGE LA PRAIRIE, MB 0.040%
5SHILO, MB 0.033%
6THE PAS, MB 0.029%
7STEINBACH, MB 0.028%
8SELKIRK, MB 0.028%
9FLIN FLON, MB 0.021%
10DAUPHIN, MB 0.017%
11MORDEN, MB 0.017%
12NEEPAWA, MB 0.014%

Types of Mortgage Inquiries Received from Steinbach


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 25.0%
No Money Down Mortgage (discontinued): 25.0%
First-time Home Buyer: 25.0%
Mortgage Pre-approval: 12.5%
Commercial: 6.3%
Variable Rate: 6.3%
 
Total Application Types Found: 6

Age Demographics for Steinbach Originated Mortgages

Average age: 35
Oldest age: 55
Youngest age: 20


Incomes for Steinbach Originated Mortgages

The amounts shown below represent the average income of people living in Steinbach who have applied for a mortgage loan using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Steinbach: $41,846.67
applicants within all of Canada: $60,852.54
Difference: ($19,005.88)
  
mortgage co-applicants in Steinbach: $23,000.00
co-applicants within all of Canada: $43,965.51
Difference: ($20,965.51)

Note: Commercial loan amounts were not included for this survey, only home loans from Steinbach, Manitoba were used.


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