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

Average Mortgage Loan in Grand Bend: $119,312

How Grand Bend Ranks in Ontario for Mortgage Business

The following table lists how Grand Bend 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
324WOODVILLE, ON 0.016%
325TOBERMORY, ON 0.016%
326BURKS FALLS, ON 0.016%
327EVERETT, ON 0.016%
328MOUNTAIN, ON 0.016%
329GRAND BEND, ON 0.016%
330BATH, ON 0.016%
331PORCUPINE, ON 0.016%
332TROY, ON 0.014%
333VICTORIA HARBOUR, ON 0.014%
334BRIDGENORTH, ON 0.014%

Types of Mortgage Inquiries Received from Grand Bend


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 33.3%
Mortgage Renewal: 11.1%
New Home Purchase: 11.1%
Mortgage Pre-approval: 11.1%
Investment: 11.1%
Variable Rate: 11.1%
First-time Home Buyer: 11.1%
 
Total Application Types Found: 7

Age Demographics for Grand Bend Mortgages

Average age: 45
Oldest age: 69
Youngest age: 35


Incomes for Grand Bend Mortgages

The figures below represent the average income of applicants living in Grand Bend who have applied for a home loan using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Grand Bend: $42,017.14
applicants within all of Canada: $60,852.54
Difference: ($18,835.40)
  

Note: Commercial loans were not included for this survey, only home loans from Grand Bend, Ontario were used.


Last mortgage report update for Grand Bend: 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 Cobourg.

Mortgage Product Type Inquiries
Refinance/Consolidate Debt22.78%
Mortgage Pre-approval17.72%
First-time Home Buyer16.46%
No Money Down discontinued12.66%
New Purchase12.66%
Mortgage Renewal6.33%
Other11.41%
 
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