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Schumacher Mortgage Information

Average Mortgage Loan in Schumacher: $111,250

How Schumacher Ranks in Ontario for Mortgage Business

The following table lists how Schumacher 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
392BRECHIN, ON 0.012%
393SHARON, ON 0.010%
394NOVAR, ON 0.010%
395COE HILL, ON 0.010%
396COTTAM, ON 0.010%
397SCHUMACHER, ON 0.010%
398WARREN, ON 0.010%
399BRIGHT, ON 0.010%
400STEVENSVILLE, ON 0.010%
401LARDER LAKE, ON 0.010%
402PERTH ROAD, ON 0.010%

Types of Mortgage Inquiries Received from Schumacher


Type of Mortgage Application Form Selected  Percentage
of Inquiries
New Home Purchase: 33.3%
Refinance / Debt Consolidation: 16.7%
Mortgage Pre-approval: 16.7%
No Money Down Mortgage (discontinued): 16.7%
First-time Home Buyer: 16.7%
 
Total Application Types Found: 5

Age Demographics for Schumacher Mortgages

Average age: 29
Oldest age: 39
Youngest age: 22


Incomes for Schumacher Mortgages

The numbers below represent the average income of Canadians living in Schumacher who have submitted a mortgage inquiry using Mortgage Super Brokers' online mortgage application.

Average annual gross income for
mortgage applicants in Schumacher: $50,166.67
applicants within all of Canada: $60,852.54
Difference: ($10,685.88)
  

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


Last mortgage report update for Schumacher: 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 Nepean.

Mortgage Product Type Inquiries
New Purchase23.03%
Mortgage Pre-approval20.22%
Mortgage Renewal17.98%
First-time Home Buyer12.36%
Refinance/Consolidate Debt11.80%
No Money Down discontinued9.55%
Other5.05%
 
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