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Elmwood Mortgage Information

Average Mortgage Loan in Elmwood: $125,000

How Elmwood Ranks in Ontario for Mortgage Business

The following table lists how Elmwood 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
355MINESING, ON 0.012%
356TAVISTOCK, ON 0.012%
357TAMWORTH, ON 0.012%
360ELMWOOD, ON 0.012%
361LIONS HEAD, ON 0.012%
362WILLOW BEACH, ON 0.012%
363MOOSONEE, ON 0.012%
364VIENNA, ON 0.012%
365ELGIN, ON 0.012%

Types of Mortgage Inquiries Received from Elmwood

Type of Mortgage Application Form Selected  Percentage
of Inquiries
No Money Down Mortgage (discontinued): 42.9%
Refinance / Debt Consolidation: 14.3%
Mortgage Pre-approval: 14.3%
Transfer: 14.3%
First-time Home Buyer: 14.3%
Total Application Types Found: 5

Age Demographics for Elmwood Mortgage Applicants

Average age: 38
Oldest age: 60
Youngest age: 23

Incomes for Elmwood Mortgage Applicants

The following depicts the average income of Canadians living in Elmwood who have applied for a mortgage loan using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Elmwood: $24,140.57
applicants within all of Canada: $60,852.54
Difference: ($36,711.97)

Note: Commercial loans were not included for this report, only home loans from Elmwood, Ontario were used.

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