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

Average Mortgage Loan in Porcupine: $132,862

How Porcupine Ranks in Ontario for Mortgage Business

The following table lists how Porcupine 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
326BURKS FALLS, ON 0.016%
327EVERETT, ON 0.016%
328MOUNTAIN, ON 0.016%
329GRAND BEND, ON 0.016%
330BATH, ON 0.016%
331PORCUPINE, ON 0.016%
332TROY, ON 0.014%
333VICTORIA HARBOUR, ON 0.014%
334BRIDGENORTH, ON 0.014%
335WASHAGO, ON 0.014%
336ECHO BAY, ON 0.014%

Types of Mortgage Inquiries Received from Porcupine


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 44.4%
First-time Home Buyer: 22.2%
New Home Purchase: 11.1%
Refinance / Debt Consolidation: 11.1%
No Money Down Mortgage (discontinued): 11.1%
 
Total Application Types Found: 5

Age Demographics for Porcupine Mortgages

Average age: 37
Oldest age: 50
Youngest age: 22


Incomes for Porcupine Mortgages

The numbers below represent the average income of applicants living in Porcupine who have submitted a mortgage inquiry using the pre-approval application on the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Porcupine: $72,775.00
applicants within all of Canada: $60,852.54
Difference: $11,922.46
  
mortgage co-applicants in Porcupine: $41,250.00
co-applicants within all of Canada: $43,965.51
Difference: ($2,715.51)

Note: Commercial Mortgage loans were not included for this section, only residential mortgage loans from Porcupine, Ontario were used.


Last mortgage report update for Porcupine: Friday, July 1, 2016
Mortgage Quote - Apply
 
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Fort Erie.

Mortgage Product Type Inquiries
No Money Down discontinued17.19%
First-time Home Buyer17.19%
New Purchase15.63%
Mortgage Renewal14.06%
Mortgage Pre-approval12.50%
Refinance/Consolidate Debt10.94%
Pre-approval4.69%
Second Mortgage4.69%
Other3.13%
 
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