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Oil Springs Mortgage Information

Average Mortgage Loan in Oil Springs: $99,400

How Oil Springs Ranks in Ontario for Mortgage Business

The following table lists how Oil Springs 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
402PERTH ROAD, ON 0.010%
403CORBEIL, ON 0.010%
404PORT FRANKS, ON 0.010%
405KINMOUNT, ON 0.010%
406CLAREMONT, ON 0.010%
407OIL SPRINGS, ON 0.010%
408PORT ROWAN, ON 0.010%
409LANGTON, ON 0.010%
410HEPWORTH, ON 0.010%
411LYNDEN, ON 0.010%
412MANITOUWADGE, ON 0.010%

Types of Mortgage Inquiries Received from Oil Springs


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 66.7%
Refinance / Debt Consolidation: 16.7%
First-time Home Buyer: 16.7%
 
Total Application Types Found: 3

Age Demographics for Oil Springs Mortgages

Average age: 39
Oldest age: 47
Youngest age: 29


Incomes for Oil Springs Mortgages

The information below represents the average income of Canadians living in Oil Springs who have submitted a mortgage inquiry using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Oil Springs: $35,060.00
applicants within all of Canada: $60,852.54
Difference: ($25,792.54)
  

Note: Commercial loans were not included for this report, only home loans were used.


Last mortgage report update for Oil Springs: Friday, July 1, 2016
Mortgage Calculator
 
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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