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North Gower Mortgage Information

Average Mortgage Loan in North Gower: $208,355

How North Gower Ranks in Ontario for Mortgage Business

The following table lists how North Gower 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
373DUNSFORD, ON 0.012%
374WELLESLEY, ON 0.012%
375MAYNOOTH, ON 0.012%
376CANFIELD, ON 0.012%
377PORT SEVERN, ON 0.012%
378NORTH GOWER, ON 0.012%
379NEW LOWELL, ON 0.012%
380PRINCETON, ON 0.012%
381MACTIER, ON 0.012%
382NORTH AUGUSTA, ON 0.012%
383BALTIMORE, ON 0.012%

Types of Mortgage Inquiries Received from North Gower


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Renewal: 42.9%
Refinance / Debt Consolidation: 28.6%
Mortgage Pre-approval: 14.3%
Pre-approval: 14.3%
 
Total Application Types Found: 4

Age Demographics for North Gower Mortgage Applicants

Average age: 40
Oldest age: 51
Youngest age: 28


Incomes for North Gower Mortgage Applicants

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

Average annual gross income for
mortgage applicants in North Gower: $78,857.14
applicants within all of Canada: $60,852.54
Difference: $18,004.60
  
mortgage co-applicants in North Gower: $35,369.00
co-applicants within all of Canada: $43,965.51
Difference: ($8,596.51)

Note: Commercial loan amounts were not included for this survey, only residential mortgages from North Gower, Ontario were used.


Last mortgage report update for North Gower: 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 North York.

Mortgage Product Type Inquiries
New Purchase26.16%
First-time Home Buyer24.50%
Mortgage Pre-approval20.86%
No Money Down discontinued9.27%
Mortgage Renewal7.28%
Refinance/Consolidate Debt4.64%
Other7.28%