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Athens Mortgage Information

Average Mortgage Loan in Athens: $159,538

Ontario 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 Athens Ranks in Ontario for Mortgage Business

The following table lists how Athens 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
189WATERFORD, ON 0.029%
190PORT MCNICOLL, ON 0.029%
191MOUNT HOPE, ON 0.029%
192STAYNER, ON 0.029%
193ARTHUR, ON 0.029%
194ATHENS, ON 0.029%
195ST GEORGE BRANT, ON 0.029%
196BLIND RIVER, ON 0.029%
197ENGLEHART, ON 0.028%
198AYR, ON 0.028%
199RIDGEWAY, ON 0.028%

Types of Mortgage Inquiries Received from Athens


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 29.4%
Refinance / Debt Consolidation: 23.5%
New Home Purchase: 17.6%
Mortgage Renewal: 11.8%
No Money Down Mortgage (discontinued): 11.8%
Variable Rate: 5.9%
 
Total Application Types Found: 6

Age Demographics for Athens Mortgages

Average age: 39
Oldest age: 62
Youngest age: 23


Incomes for Athens Mortgages

The following figures show the average income of applicants living in Athens who have applied for a mortgage loan using the online application located at the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Athens: $45,150.94
applicants within all of Canada: $60,852.54
Difference: ($15,701.60)
  
mortgage co-applicants in Athens: $33,428.57
co-applicants within all of Canada: $43,965.51
Difference: ($10,536.94)

Note: Commercial Mortgages were not included for this survey, only residential loans amounts were used.


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