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Norwood Mortgage Information
Average Mortgage Loan in Norwood: $128,000How Norwood Ranks in Ontario for Mortgage Business
The following table lists how Norwood 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.
Rank | Location | Contribution |
---|---|---|
250 | CARP, ON | 0.021% |
251 | AMHERSTVIEW, ON | 0.021% |
252 | EXETER, ON | 0.021% |
253 | CARRYING PLACE, ON | 0.021% |
254 | DRESDEN, ON | 0.021% |
255 | NORWOOD, ON | 0.021% |
256 | PALGRAVE, ON | 0.021% |
257 | MORRISBURG, ON | 0.021% |
258 | SHANTY BAY, ON | 0.021% |
259 | HAWKESBURY, ON | 0.021% |
260 | SELKIRK, ON | 0.021% |
Types of Mortgage Inquiries Received from Norwood
Type of Mortgage Application Form Selected | Percentage of Inquiries | |
---|---|---|
New Home Purchase: | 33.3% | |
Mortgage Pre-approval: | 25.0% | |
Mortgage Renewal: | 8.3% | |
Refinance / Debt Consolidation: | 8.3% | |
No Money Down Mortgage (discontinued): | 8.3% | |
Low Doc: | 8.3% | |
First-time Home Buyer: | 8.3% | |
Total Application Types Found: 7 |
Age Demographics for Norwood Mortgage Applicants
Average age: 44
Oldest age: 53
Youngest age: 24
Incomes for Norwood Mortgage Applicants
The amounts below are the average income of people living in Norwood who have applied for a home loan using the pre-approval application on the Mortgage Super Brokers' web site.
Average annual gross income for | |
---|---|
mortgage applicants in Norwood: | $41,536.36 |
applicants within all of Canada: | $60,852.54 |
Difference: | ($19,316.18) |
mortgage co-applicants in Norwood: | $33,250.00 |
co-applicants within all of Canada: | $43,965.51 |
Difference: | ($10,715.51) |
Note: Commercial Mortgage loans were not included for this section, only residential mortgage loans from Norwood, Ontario were used.