Canadian Maple Leaf Licensing Info: Alberta Mortgage #MW-0511205,
FSCO (Ontario) #10315,
Saskatchewan Mortgage #315872, and all other provinces.
 
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Binbrook Mortgage Information

Average Mortgage Loan in Binbrook: $176,164

Ontario 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 Binbrook Ranks in Ontario for Mortgage Business

The following table lists how Binbrook 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
207TILBURY, ON 0.026%
208MITCHELL, ON 0.026%
209EMBRUN, ON 0.026%
210CONCORD, ON 0.026%
211CAMPBELLVILLE, ON 0.026%
212BINBROOK, ON 0.026%
213HALIBURTON, ON 0.026%
214BEAVERTON, ON 0.026%
215WATFORD, ON 0.026%
216FONTHILL, ON 0.026%
217GREELY, ON 0.026%

Types of Mortgage Inquiries Received from Binbrook


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Renewal: 33.3%
New Home Purchase: 26.7%
Refinance / Debt Consolidation: 20.0%
Mortgage Pre-approval: 13.3%
HELOC: 6.7%
 
Total Application Types Found: 5

Age Demographics for Binbrook Applicants

Average age: 36
Oldest age: 49
Youngest age: 28


Incomes for Binbrook Applicants

The figures below represent the average income of people living in Binbrook who have submitted a mortgage inquiry using the pre-approval application on the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Binbrook: $64,297.07
applicants within all of Canada: $60,852.54
Difference: $3,444.53
  
mortgage co-applicants in Binbrook: $45,200.00
co-applicants within all of Canada: $43,965.51
Difference: $1,234.49

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


Last mortgage report update for Binbrook: 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 Brantford.

Mortgage Product Type Inquiries
Mortgage Pre-approval24.48%
First-time Home Buyer16.43%
No Money Down discontinued16.08%
Refinance/Consolidate Debt15.38%
New Purchase12.94%
Mortgage Renewal7.34%
Other7.35%
 
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