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

South Porcupine Mortgage Information

Average Mortgage Loan in South Porcupine: $107,786

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 South Porcupine Ranks in Ontario for Mortgage Business

The following table lists how South 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
196BLIND RIVER, ON 0.029%
197ENGLEHART, ON 0.028%
198AYR, ON 0.028%
199RIDGEWAY, ON 0.028%
200MARATHON, ON 0.028%
201SOUTH PORCUPINE, ON 0.028%
202LITTLE BRITAIN, ON 0.028%
203IROQUOIS FALLS, ON 0.028%
204ERIN, ON 0.028%
205MINDEN, ON 0.028%
206VAL CARON, ON 0.028%

Types of Mortgage Inquiries Received from South Porcupine


Type of Mortgage Application Form Selected  Percentage
of Inquiries
First-time Home Buyer: 31.3%
No Money Down Mortgage (discontinued): 25.0%
Mortgage Pre-approval: 18.8%
Mortgage Renewal: 12.5%
New Home Purchase: 12.5%
 
Total Application Types Found: 5

Age Demographics for South Porcupine Mortgages

Average age: 32
Oldest age: 53
Youngest age: 21


Incomes for South Porcupine Mortgages

The following depicts the average income of applicants living in South Porcupine who have applied for a home loan using the pre-approval application on the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in South Porcupine: $54,053.07
applicants within all of Canada: $60,852.54
Difference: ($6,799.48)
  
mortgage co-applicants in South Porcupine: $44,000.00
co-applicants within all of Canada: $43,965.51
Difference: $34.49

Note: Commercial loans were not included for this report, only home loans from South Porcupine, Ontario were used.


Last mortgage report update for South Porcupine: Friday, July 1, 2016
Mortgage Calculator
 
Home Loan Mortgage Calculator
Compare different payment schedules and mortgage interest rates using our new residential mortgage calculator. Knowing how it all works will help you get the best deal on your home loan. Try it out and tell us what you think.
Home Calculator
 
Did you know? The average home loan in Waterloo is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.
Ontario