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Powassan Mortgage Information

Average Mortgage Loan in Powassan: $98,100

How Powassan Ranks in Ontario for Mortgage Business

The following table lists how Powassan 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
300WESTPORT, ON 0.017%
301CONISTON, ON 0.017%
302CAPREOL, ON 0.017%
303GREEN VALLEY, ON 0.017%
304MAIDSTONE, ON 0.017%
305POWASSAN, ON 0.017%
306MILLGROVE, ON 0.016%
307CANNINGTON, ON 0.016%
308UTTERSON, ON 0.016%
309IGNACE, ON 0.016%
310WINGHAM, ON 0.016%

Types of Mortgage Inquiries Received from Powassan


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 50.0%
Mortgage Renewal: 30.0%
Mortgage Pre-approval: 10.0%
No Money Down Mortgage (discontinued): 10.0%
 
Total Application Types Found: 4

Age Demographics for Powassan Applicants

Average age: 41
Oldest age: 61
Youngest age: 33


Incomes for Powassan Applicants

The following depicts the average income of Canadians living in Powassan who have submitted a mortgage inquiry using Mortgage Super Brokers' online mortgage application.

Average annual gross income for
mortgage applicants in Powassan: $49,320.11
applicants within all of Canada: $60,852.54
Difference: ($11,532.43)
  
mortgage co-applicants in Powassan: $38,137.40
co-applicants within all of Canada: $43,965.51
Difference: ($5,828.11)

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


Last mortgage report update for Powassan: Friday, July 1, 2016
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