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Waterford Mortgage Information
Average Mortgage Loan in Waterford: $137,342Ontario Mortgage Originations Compared to all other Provinces and Territories
Online Mortgage Origination for the Province or Territory of | Percentage of Applications |
---|---|
Alberta: | 21.07% |
British Columbia: | 10.40% |
Manitoba: | 2.00% |
New Brunswick: | 2.53% |
Newfoundland and Labrador: | 1.30% |
Nova Scotia: | 3.29% |
Northwest Territories: | 0.49% |
Nunavut: | 0.10% |
Ontario: | 47.31% |
Prince Edward Island: | 0.51% |
Quebec: | 3.94% |
Saskatchewan: | 5.04% |
Yukon: | 0.47% |
How Waterford Ranks in Ontario for Mortgage Business
The following table lists how Waterford 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 |
---|---|---|
184 | MEAFORD, ON | 0.031% |
185 | MADOC, ON | 0.031% |
186 | ELORA, ON | 0.031% |
187 | MARMORA, ON | 0.031% |
188 | CAYUGA, ON | 0.029% |
189 | WATERFORD, ON | 0.029% |
190 | PORT MCNICOLL, ON | 0.029% |
191 | MOUNT HOPE, ON | 0.029% |
192 | STAYNER, ON | 0.029% |
193 | ARTHUR, ON | 0.029% |
194 | ATHENS, ON | 0.029% |
Types of Mortgage Inquiries Received from Waterford
Type of Mortgage Application Form Selected | Percentage of Inquiries | |
---|---|---|
Refinance / Debt Consolidation: | 29.4% | |
New Home Purchase: | 23.5% | |
First-time Home Buyer: | 23.5% | |
Investment: | 11.8% | |
Mortgage Pre-approval: | 5.9% | |
No Money Down Mortgage (discontinued): | 5.9% | |
Total Application Types Found: 6 |
Age Demographics for Waterford Mortgage Applicants
Average age: 40
Oldest age: 56
Youngest age: 19
Incomes for Waterford Mortgage Applicants
The information below represents the average income of Canadians living in Waterford who have submitted an inquiry using the pre-approval application on Mortgage Super Brokers' web site.
Average annual gross income for | |
---|---|
mortgage applicants in Waterford: | $49,483.33 |
applicants within all of Canada: | $60,852.54 |
Difference: | ($11,369.21) |
mortgage co-applicants in Waterford: | $32,566.67 |
co-applicants within all of Canada: | $43,965.51 |
Difference: | ($11,398.85) |
Note: Commercial Mortgage loans were not included for this section, only residential mortgages from Waterford, Ontario were used.