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Willow Beach Mortgage Information

Average Mortgage Loan in Willow Beach: $250,500

How Willow Beach Ranks in Ontario for Mortgage Business

The following table lists how Willow Beach 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
357TAMWORTH, ON 0.012%
358CRYSTAL BEACH, ON 0.012%
359WAUBAUSHENE, ON 0.012%
360ELMWOOD, ON 0.012%
361LIONS HEAD, ON 0.012%
362WILLOW BEACH, ON 0.012%
363MOOSONEE, ON 0.012%
364VIENNA, ON 0.012%
365ELGIN, ON 0.012%
366MASSEY, ON 0.012%
367HANNON, ON 0.012%

Types of Mortgage Inquiries Received from Willow Beach


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Renewal: 14.3%
New Home Purchase: 14.3%
Refinance / Debt Consolidation: 14.3%
Mortgage Pre-approval: 14.3%
No Money Down Mortgage (discontinued): 14.3%
Pre-approval: 14.3%
Commercial: 14.3%
 
Total Application Types Found: 7

Age Demographics for Willow Beach Mortgage Applicants

Average age: 42
Oldest age: 66
Youngest age: 30


Incomes for Willow Beach Mortgage Applicants

The amounts below are the average income of applicants living in Willow Beach who have submitted an inquiry using the pre-approval application on the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Willow Beach: $135,600.00
applicants within all of Canada: $60,852.54
Difference: $74,747.46
  

Since the average income of Willow Beach is notability higher than our national average, we have included the MEDIAN annual gross income for this location. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.

Median annual gross income for
mortgage applicants in Willow Beach: $72,000.00
applicants within all of Canada: $60,852.54
Difference: $11,147.46

Note: Commercial Mortgage loans were not included for this survey, only residential mortgage loan amounts from Willow Beach, Ontario were used.


Last mortgage report update for Willow Beach: Friday, July 1, 2016
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