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FSCO (Ontario) #10315,
Saskatchewan Mortgage #315872, and all other provinces.
 
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Embrun Mortgage Information

Average Mortgage Loan in Embrun: $157,918

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 Embrun Ranks in Ontario for Mortgage Business

The following table lists how Embrun 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
204ERIN, ON 0.028%
205MINDEN, ON 0.028%
206VAL CARON, ON 0.028%
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%

Types of Mortgage Inquiries Received from Embrun


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 46.7%
Mortgage Renewal: 20.0%
Mortgage Pre-approval: 13.3%
New Home Purchase: 6.7%
No Money Down Mortgage (discontinued): 6.7%
First-time Home Buyer: 6.7%
 
Total Application Types Found: 6

Age Demographics for Embrun Mortgages

Average age: 41
Oldest age: 51
Youngest age: 31


Incomes for Embrun Mortgages

The information below represents the average income of applicants living in Embrun who have submitted an inquiry using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Embrun: $82,191.53
applicants within all of Canada: $60,852.54
Difference: $21,338.99
  
mortgage co-applicants in Embrun: $59,654.55
co-applicants within all of Canada: $43,965.51
Difference: $15,689.03

Since the average income of Embrun is much higher than our national average, we have included the MEDIAN annual gross income for this location. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.

Median annual gross income for
mortgage applicants in Embrun: $75,000.00
applicants within all of Canada: $60,852.54
Difference: $14,147.46

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


Last mortgage report update for Embrun: Friday, July 1, 2016
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Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Whitby.

Mortgage Product Type Inquiries
Refinance/Consolidate Debt21.66%
Mortgage Pre-approval18.89%
Mortgage Renewal15.67%
First-time Home Buyer12.90%
New Purchase12.90%
No Money Down discontinued10.14%
Other7.83%