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Berwick Mortgage Information

Average Mortgage Loan in Berwick: $123,337

How Berwick Ranks in Nova Scotia for Mortgage Business

The following table lists how Berwick 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
22EASTERN PASSAGE, NS 0.029%
23TIMBERLEA, NS 0.026%
24SHEARWATER, NS 0.024%
25WINDSOR, NS 0.022%
26STELLARTON, NS 0.021%
27BERWICK, NS 0.021%
28WESTVILLE, NS 0.021%
29GREENWOOD, NS 0.021%
30SHELBURNE, NS 0.021%
31DIGBY, NS 0.019%
32KINGSTON, NS 0.017%

Types of Mortgage Inquiries Received from Berwick


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Renewal: 25.0%
First-time Home Buyer: 25.0%
New Home Purchase: 16.7%
No Money Down Mortgage (discontinued): 16.7%
Refinance / Debt Consolidation: 8.3%
Mortgage Pre-approval: 8.3%
 
Total Application Types Found: 6

Age Demographics for Berwick Mortgage Applicants

Average age: 40
Oldest age: 56
Youngest age: 32


Incomes for Berwick Mortgage Applicants

The information below represents the average income of Canadians living in Berwick who have submitted an inquiry using the online application located at the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Berwick: $46,668.33
applicants within all of Canada: $60,852.54
Difference: ($14,184.21)
  
mortgage co-applicants in Berwick: $30,725.00
co-applicants within all of Canada: $43,965.51
Difference: ($13,240.51)

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


Last mortgage report update for Berwick: 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 Amherst.

Mortgage Product Type Inquiries
New Purchase28.57%
Mortgage Pre-approval23.81%
First-time Home Buyer22.22%
No Money Down discontinued9.52%
Refinance/Consolidate Debt6.35%
Other9.52%
 
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