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Erin Mortgage Information

Average Mortgage Loan in Erin: $262,000

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 Erin Ranks in Ontario for Mortgage Business

The following table lists how Erin 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
199RIDGEWAY, ON 0.028%
200MARATHON, ON 0.028%
201SOUTH PORCUPINE, ON 0.028%
202LITTLE BRITAIN, ON 0.028%
203IROQUOIS FALLS, ON 0.028%
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%

Types of Mortgage Inquiries Received from Erin


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Renewal: 31.3%
First-time Home Buyer: 18.8%
Refinance / Debt Consolidation: 12.5%
New Home Purchase: 12.5%
Commercial: 12.5%
Mortgage Pre-approval: 6.3%
Low Doc: 6.3%
 
Total Application Types Found: 7

Age Demographics for Erin Originated Mortgages

Average age: 44
Oldest age: 61
Youngest age: 22


Incomes for Erin Originated Mortgages

The numbers below represent the average income of people living in Erin who have submitted an inquiry using Mortgage Super Brokers' online mortgage application.

Average annual gross income for
mortgage applicants in Erin: $74,713.33
applicants within all of Canada: $60,852.54
Difference: $13,860.79
  

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


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