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Forest Mortgage Information

Average Mortgage Loan in Forest: $177,400

How Forest Ranks in Ontario for Mortgage Business

The following table lists how Forest 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
269CARDINAL, ON 0.019%
270ORONO, ON 0.019%
271BURFORD, ON 0.019%
272BADEN, ON 0.019%
273ENNISMORE, ON 0.019%
274FOREST, ON 0.019%
275RIDGETOWN, ON 0.019%
276THAMESVILLE, ON 0.019%
277MOUNT BRYDGES, ON 0.019%
278HARROWSMITH, ON 0.019%
279WEST LORNE, ON 0.019%

Types of Mortgage Inquiries Received from Forest


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 27.3%
Mortgage Pre-approval: 27.3%
First-time Home Buyer: 27.3%
No Money Down Mortgage (discontinued): 18.2%
 
Total Application Types Found: 4

Age Demographics for Forest Mortgage Applicants

Average age: 35
Oldest age: 62
Youngest age: 24


Incomes for Forest Mortgage Applicants

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

Average annual gross income for
mortgage applicants in Forest: $69,715.27
applicants within all of Canada: $60,852.54
Difference: $8,862.73
  

Note: Commercial loans were not included for this section, only residential loans were used.


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