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Chesley Mortgage Information

Average Mortgage Loan in Chesley: $177,558

How Chesley Ranks in Ontario for Mortgage Business

The following table lists how Chesley 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
240TWEED, ON 0.022%
241RED LAKE, ON 0.022%
242COBALT, ON 0.022%
243CASSELMAN, ON 0.022%
244PARKHILL, ON 0.022%
245CHESLEY, ON 0.022%
246UNIONVILLE, ON 0.022%
247RICHMOND, ON 0.022%
248KEEWATIN, ON 0.021%
249PORT STANLEY, ON 0.021%
250CARP, ON 0.021%

Types of Mortgage Inquiries Received from Chesley

Type of Mortgage Application Form Selected  Percentage
of Inquiries
First-time Home Buyer: 38.5%
Mortgage Pre-approval: 15.4%
No Money Down Mortgage (discontinued): 15.4%
Mortgage Renewal: 7.7%
New Home Purchase: 7.7%
Refinance / Debt Consolidation: 7.7%
Second Mortgage: 7.7%
Total Application Types Found: 7

Age Demographics for Chesley Mortgages

Average age: 29
Oldest age: 53
Youngest age: 23

Incomes for Chesley Mortgages

The figures below represent the average income of Canadians living in Chesley who have applied for a loan using the online application located at the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Chesley: $53,802.91
applicants within all of Canada: $60,852.54
Difference: ($7,049.63)
mortgage co-applicants in Chesley: $51,228.57
co-applicants within all of Canada: $43,965.51
Difference: $7,263.06

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

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