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Montague Mortgage Information

Average Mortgage Loan in Montague: $110,125

How Montague Ranks in Prince Edward Island for Mortgage Business

The following table lists how Montague 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
4CORNWALL, PE 0.031%
5MONTAGUE, PE 0.022%
6SOURIS, PE 0.019%
7O'LEARY, PE 0.017%
10KINKORA, PE 0.010%

Types of Mortgage Inquiries Received from Montague

Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 38.5%
Refinance / Debt Consolidation: 23.1%
No Money Down Mortgage (discontinued): 15.4%
First-time Home Buyer: 15.4%
New Home Purchase: 7.7%
Total Application Types Found: 5

Age Demographics for Montague Based Mortgages

Average age: 41
Oldest age: 70
Youngest age: 27

Incomes for Montague Based Mortgages

The information below represents the average income of people living in Montague who have submitted a mortgage inquiry using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Montague: $46,934.42
applicants within all of Canada: $60,852.54
Difference: ($13,918.13)
mortgage co-applicants in Montague: $30,737.80
co-applicants within all of Canada: $43,965.51
Difference: ($13,227.71)

Note: Commercial loan amounts were not included for this section, only residential loans amounts from Montague, Prince Edward Island were used.

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