Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Iroquois Falls: Wednesday, February 8, 2012   
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Matheson
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Timmins

Iroquois Falls Mortgages

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Yearly Volume Comparison for Mortgages Received from Iroquois Falls

Year Year to Year
Comparison
** National
Contribution
2010: 15.39% 0.00%
2009: 7.69% 0.00%
2008: 7.69% 0.00%
2007: 15.39% 0.00%
2006: 7.69% 0.00%
2005: 23.08% 0.01%
2004: 7.69% 0.00%
2003: 15.39% 0.00%

Note: ** Total national contribution of Iroquois Falls mortgages in the past is currently 0.03% with a projected target of 0.03%.

Current City Standing within Ontario


Location Contribution
222:  RIDGETOWN, ON 0.025%
223:  BINBROOK, ON 0.025%
224:  KOMOKA, ON 0.025%
225:  TIVERTON, ON 0.025%
226:  COLBORNE, ON 0.025%
227:  IROQUOIS FALLS, ON 0.025%
228:  ERIN, ON 0.025%
229:  WHEATLEY, ON 0.025%
230:  SOUTH RIVER, ON 0.023%
231:  ENGLEHART, ON 0.023%
232:  CALLANDER, ON 0.023%

Nearest Settlements


1Schumacher, Ontario
2Timmins, Ontario
3Matheson, Ontario


Product Popularity for Iroquois Falls


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 38.5%
Qualification: 30.8%
First-time Buyer: 15.4%
Purchase: 7.7%
No Money Down: 7.7%
 
Total Application Types Found: 5
 Iroquois Falls Mortgage Product Popularity Pie Chart

Age Demographics for Iroquois Falls Mortgage Applicants

Average age: 42
Oldest age: 66
Youngest age: 27


Incomes for Iroquois Falls Mortgage Applicants

The amounts below are the average income of people living in Iroquois Falls who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.

Average annual gross income for
mortgage applicants in Iroquois Falls: $58,027.58
applicants within all of Canada: $59,498.47
Difference: ($1,470.88)
  
mortgage co-applicants in Iroquois Falls: $29,000.00
co-applicants within all of Canada: $42,403.13
Difference: ($13,403.13)

Note: Commercial loan amounts were not included for this survey, only residential mortgages were used.

Residential Status for Iroquois Falls Mortgages

The following table represents the residential status of people living in Iroquois Falls who have applied for a mortgage loan using the online application located at the CanEquity web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 30.8%
Own: 69.2%
Iroquois Falls Residential Status Pie Chart

Marital Statistics for Iroquois Falls Mortgages

The following table and pie chart represents the marital status of applicants from Iroquois Falls, Ontario using the online mortgage application found at canequity.com. In Iroquois Falls, 69% of the mortgage applicants are either married or living common-law, while only 30% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 61.5%
Single: 15.4%
Divorced: 7.7%
Separated: 7.7%
Common-law: 7.7%
Iroquois Falls Marital Status Pie Chart