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

Average Mortgage Loan in Marmora: $118,240

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 Marmora Ranks in Ontario for Mortgage Business

The following table lists how Marmora 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
182COPPER CLIFF, ON 0.031%
183DRYDEN, ON 0.031%
184MEAFORD, ON 0.031%
185MADOC, ON 0.031%
186ELORA, ON 0.031%
187MARMORA, ON 0.031%
188CAYUGA, ON 0.029%
189WATERFORD, ON 0.029%
190PORT MCNICOLL, ON 0.029%
191MOUNT HOPE, ON 0.029%
192STAYNER, ON 0.029%

Types of Mortgage Inquiries Received from Marmora


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 22.2%
Mortgage Renewal: 16.7%
Refinance / Debt Consolidation: 16.7%
First-time Home Buyer: 16.7%
New Home Purchase: 11.1%
No Money Down Mortgage (discontinued): 5.6%
Pre-approval: 5.6%
HELOC: 5.6%
 
Total Application Types Found: 8

Age Demographics for Marmora Mortgage Applicants

Average age: 38
Oldest age: 63
Youngest age: 25


Incomes for Marmora Mortgage Applicants

The figures below represent the average income of applicants living in Marmora who have submitted an inquiry using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Marmora: $32,201.69
applicants within all of Canada: $60,852.54
Difference: ($28,650.85)
  
mortgage co-applicants in Marmora: $37,526.67
co-applicants within all of Canada: $43,965.51
Difference: ($6,438.85)

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


Last mortgage report update for Marmora: 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 Milton.

Mortgage Product Type Inquiries
First-time Home Buyer19.33%
Refinance/Consolidate Debt19.33%
New Purchase16.00%
Mortgage Pre-approval15.33%
Mortgage Renewal11.33%
No Money Down discontinued10.67%
Other8%
 
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