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Orono Mortgage Information

Average Mortgage Loan in Orono: $176,921

How Orono Ranks in Ontario for Mortgage Business

The following table lists how Orono 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
265GERALDTON, ON 0.019%
266HAILEYBURY, ON 0.019%
267NORWICH, ON 0.019%
268LANARK, ON 0.019%
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%

Types of Mortgage Inquiries Received from Orono


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 27.3%
No Money Down Mortgage (discontinued): 27.3%
Mortgage Renewal: 18.2%
First-time Home Buyer: 18.2%
New Home Purchase: 9.1%
 
Total Application Types Found: 5

Age Demographics for Orono Originated Mortgages

Average age: 38
Oldest age: 55
Youngest age: 27


Incomes for Orono Originated Mortgages

The information below represents the average income of applicants living in Orono who have submitted a mortgage inquiry using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Orono: $48,266.00
applicants within all of Canada: $60,852.54
Difference: ($12,586.54)
  
mortgage co-applicants in Orono: $45,500.00
co-applicants within all of Canada: $43,965.51
Difference: $1,534.49

Note: Commercial Mortgage loans were not included for this report, only residential mortgage loans were used.


Last mortgage report update for Orono: 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 Markham.

Mortgage Product Type Inquiries
Mortgage Renewal23.23%
First-time Home Buyer20.08%
Mortgage Pre-approval17.72%
New Purchase12.60%
Refinance/Consolidate Debt7.48%
No Money Down discontinued5.51%
Other13.38%
 
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