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Shilo Mortgage Information

Average Mortgage Loan in Shilo: $180,164

Manitoba 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 Shilo Ranks in Manitoba for Mortgage Business

The following table lists how Shilo 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
1WINNIPEG, MB 1.101%
2BRANDON, MB 0.128%
3THOMPSON, MB 0.054%
5SHILO, MB 0.033%
6THE PAS, MB 0.029%
8SELKIRK, MB 0.028%
9FLIN FLON, MB 0.021%
10DAUPHIN, MB 0.017%

Types of Mortgage Inquiries Received from Shilo

Type of Mortgage Application Form Selected  Percentage
of Inquiries
First-time Home Buyer: 47.4%
Mortgage Pre-approval: 21.1%
No Money Down Mortgage (discontinued): 21.1%
Refinance / Debt Consolidation: 5.3%
New Home Purchase: 5.3%
Total Application Types Found: 5

Age Demographics for Shilo Mortgage Applicants

Average age: 33
Oldest age: 51
Youngest age: 24

Incomes for Shilo Mortgage Applicants

The following depicts the average income of people living in Shilo who have submitted an inquiry using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Shilo: $54,678.94
applicants within all of Canada: $60,852.54
Difference: ($6,173.60)
mortgage co-applicants in Shilo: $32,778.67
co-applicants within all of Canada: $43,965.51
Difference: ($11,186.85)

Note: Commercial Mortgages were not included for this report, only home loans were used.

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