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Mitchell Mortgage Information

Average Mortgage Loan in Mitchell: $114,560

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 Mitchell Ranks in Ontario for Mortgage Business

The following table lists how Mitchell 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
204ERIN, ON 0.028%
205MINDEN, ON 0.028%
206VAL CARON, ON 0.028%
207TILBURY, ON 0.026%
208MITCHELL, ON 0.026%
209EMBRUN, ON 0.026%
210CONCORD, ON 0.026%
212BINBROOK, ON 0.026%
213HALIBURTON, ON 0.026%

Types of Mortgage Inquiries Received from Mitchell

Type of Mortgage Application Form Selected  Percentage
of Inquiries
First-time Home Buyer: 40.0%
No Money Down Mortgage (discontinued): 33.3%
Mortgage Renewal: 6.7%
Refinance / Debt Consolidation: 6.7%
Mortgage Pre-approval: 6.7%
Commercial: 6.7%
Total Application Types Found: 6

Age Demographics for Mitchell Mortgage Applicants

Average age: 35
Oldest age: 60
Youngest age: 23

Incomes for Mitchell Mortgage Applicants

The information below represents the average income of applicants living in Mitchell who have submitted a mortgage inquiry using the pre-approval application on the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Mitchell: $38,833.33
applicants within all of Canada: $60,852.54
Difference: ($22,019.21)
mortgage co-applicants in Mitchell: $33,625.00
co-applicants within all of Canada: $43,965.51
Difference: ($10,340.51)

Note: Commercial Mortgage loans were not included for this report, only residential loans from Mitchell, Ontario were used.

Last mortgage report update for Mitchell: 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 Woodbridge.

Mortgage Product Type Inquiries
Mortgage Pre-approval28.33%
First-time Home Buyer14.17%
New Purchase14.17%
Mortgage Renewal11.67%
Refinance/Consolidate Debt11.67%
No Money Down discontinued10.00%
Did you know? The average home loan in Keswick is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.