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

The Mortgage Group®

Canada | BC | AB | SK | MB | ON | QC | NL | PE | NS | NB | YT | NU | NT

Penetanguishene Mortgage Information

Average Mortgage Loan in Penetanguishene: $151,708

Peak Hours for Applicants within Penetanguishene

In Penetanguishene, mortgage applications are received 24 hours a day via the Super Brokers web site. The graph shown below represents the busy hours within a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Penetanguishene
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0%
1AM 01:00 to 01:59: 8.3%
2AM 02:00 to 02:59: 0%
3AM 03:00 to 03:59: 0%
4AM 04:00 to 04:59: 0%
5AM 05:00 to 05:59: 0%
6AM 06:00 to 06:59: 4.2%
7AM 07:00 to 07:59: 8.3%
8AM 08:00 to 08:59: 4.2%
9AM 09:00 to 09:59: 8.3%
10AM 10:00 to 10:59: 4.2%
11AM 11:00 to 11:59: 16.7%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 0%
1PM 13:00 to 13:59: 8.3%
2PM 14:00 to 14:59: 12.5%
3PM 15:00 to 15:59: 0%
4PM 16:00 to 16:59: 8.3%
5PM 17:00 to 17:59: 0%
6PM 18:00 to 18:59: 0%
7PM 19:00 to 19:59: 0%
8PM 20:00 to 20:59: 8.3%
9PM 21:00 to 21:59: 4.2%
10PM 22:00 to 22:59: 0%
11PM 23:00 to 23:59: 4.2%

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 Penetanguishene Ranks in Ontario for Mortgage Business

The following table lists how Penetanguishene 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
146ARNPRIOR, ON 0.045%
147BORDEN, ON 0.045%
148PEFFERLAW, ON 0.043%
149ST MARYS, ON 0.043%
150ELMIRA, ON 0.041%
151PENETANGUISHENE, ON 0.041%
152LISTOWEL, ON 0.041%
153SHELBURNE, ON 0.041%
154WALKERTON, ON 0.040%
155ALMONTE, ON 0.040%
156ESSEX, ON 0.040%

Types of Mortgage Inquiries Received from Penetanguishene


Type of Mortgage Application Form Selected  Percentage
of Inquiries
First-time Home Buyer: 25.0%
Mortgage Pre-approval: 20.8%
Refinance / Debt Consolidation: 16.7%
Mortgage Renewal: 12.5%
No Money Down Mortgage (discontinued): 8.3%
Commercial: 4.2%
New Home Purchase: 4.2%
Transfer: 4.2%
Variable Rate: 4.2%
 
Total Application Types Found: 9

Age Demographics for Penetanguishene Mortgages

Average age: 39
Oldest age: 58
Youngest age: 25


Incomes for Penetanguishene Mortgages

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

Average annual gross income for
mortgage applicants in Penetanguishene: $57,308.05
applicants within all of Canada: $60,852.54
Difference: ($3,544.50)
  
mortgage co-applicants in Penetanguishene: $27,877.78
co-applicants within all of Canada: $43,965.51
Difference: ($16,087.73)

Note: Commercial loans were not included for this survey, only residential loans were used.


Last mortgage report update for Penetanguishene: Friday, July 1, 2016
Apply for Mortgage
 
Did you know? The average home loan in Hanover is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.
Ontario
 
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Orillia.

Mortgage Product Type Inquiries
First-time Home Buyer22.03%
Mortgage Pre-approval21.19%
No Money Down discontinued15.25%
New Purchase14.41%
Refinance/Consolidate Debt13.56%
Mortgage Renewal7.63%
Other5.94%