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

Average Mortgage Loan in Summerstown: $92,068

How Summerstown Ranks in Ontario for Mortgage Business

The following table lists how Summerstown 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
282SCHOMBERG, ON 0.019%
283LIMOGES, ON 0.019%
284LIVELY, ON 0.019%
285CHAPLEAU, ON 0.019%
286THORNBURY, ON 0.019%
287SUMMERSTOWN, ON 0.019%
288MANOTICK, ON 0.019%
289NOELVILLE, ON 0.017%
290LOWBANKS, ON 0.017%
291METCALFE, ON 0.017%
292COOKSTOWN, ON 0.017%

Types of Mortgage Inquiries Received from Summerstown


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 36.4%
First-time Home Buyer: 27.3%
Mortgage Renewal: 18.2%
Refinance / Debt Consolidation: 9.1%
No Money Down Mortgage (discontinued): 9.1%
 
Total Application Types Found: 5

Age Demographics for Summerstown Mortgage Applicants

Average age: 42
Oldest age: 64
Youngest age: 26


Incomes for Summerstown Mortgage Applicants

The amounts shown below represent the average income of people living in Summerstown who have applied for a mortgage loan using the online application located at the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Summerstown: $43,478.27
applicants within all of Canada: $60,852.54
Difference: ($17,374.27)
  

Note: Commercial loan amounts were not included for this report, only residential mortgages from Summerstown, Ontario were used.


Last mortgage report update for Summerstown: 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 Sault Ste Marie.

Mortgage Product Type Inquiries
First-time Home Buyer23.39%
Mortgage Pre-approval19.76%
New Purchase18.55%
No Money Down discontinued15.73%
Refinance/Consolidate Debt10.48%
Mortgage Renewal5.24%
Other6.85%
 
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