Canadian Maple Leaf Licensing Info: Alberta Mortgage #MW-0511205,
FSCO (Ontario) #10315,
Saskatchewan Mortgage #315872, and all other provinces.
 
Division of

The Mortgage Group®

Canada | BC | AB | SK | MB | ON | QC | NL | PE | NS | NB | YT | NU | NT

Shearwater Mortgage Information

Average Mortgage Loan in Shearwater: $162,590

How Shearwater Ranks in Nova Scotia for Mortgage Business

The following table lists how Shearwater 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
19ANTIGONISH, NS 0.033%
20CENTREVILLE, NS 0.031%
21NEW WATERFORD, NS 0.031%
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%

Types of Mortgage Inquiries Received from Shearwater


Type of Mortgage Application Form Selected  Percentage
of Inquiries
No Money Down Mortgage (discontinued): 35.7%
Mortgage Pre-approval: 21.4%
First-time Home Buyer: 21.4%
Pre-approval: 14.3%
New Home Purchase: 7.1%
 
Total Application Types Found: 5

Age Demographics for Shearwater Mortgages

Average age: 35
Oldest age: 46
Youngest age: 21


Incomes for Shearwater Mortgages

The amounts below are the average income of Canadians living in Shearwater who have submitted an inquiry using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Shearwater: $56,814.29
applicants within all of Canada: $60,852.54
Difference: ($4,038.26)
  

Note: Commercial loans were not included for this section, only residential mortgage loans were used.


Last mortgage report update for Shearwater: Friday, July 1, 2016
Mortgage Calculator
 
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for customers in the province of Nova Scotia.

Mortgage Product Type Inquiries
Mortgage Pre-approval23.42%
First-time Home Buyer17.54%
New Purchase15.86%
Refinance/Consolidate Debt14.60%
No Money Down discontinued13.76%
Mortgage Renewal7.62%
Other7.2%
 
Get Pre-approved for a Mortgage
Have you been pre-approved for a home mortgage yet? Getting yourself pre-approved will help you shop for a home by letting you know exactly how much you can afford. A Pre-approval also locks you in at our best mortgage rates for 120 days, so that when you've finally found your home, you won't miss out on Canada's historically low rates, and if our mortgage rates change within that 120 day period, we will honour the lowest rate.
Photo of a young family