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Bewdley Mortgage Information

Average Mortgage Loan in Bewdley: $255,000

How Bewdley Ranks in Ontario for Mortgage Business

The following table lists how Bewdley 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
629MUIRKIRK, ON 0.005%
630FORDWICH, ON 0.005%
631KENABEEK, ON 0.005%
632MURILLO, ON 0.005%
633CAMLACHIE, ON 0.005%
634BEWDLEY, ON 0.005%
635HUDSON, ON 0.005%
636QUEENSVILLE, ON 0.005%
637INNERKIP, ON 0.005%
638DON MILLS, ON 0.005%
639ST ISIDORE, ON 0.005%

Types of Mortgage Inquiries Received from Bewdley


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 33.3%
Commercial: 33.3%
First-time Home Buyer: 33.3%
 
Total Application Types Found: 3

Age Demographics for Bewdley Mortgages

Average age: 45
Oldest age: 54
Youngest age: 36


Incomes for Bewdley Mortgages

The amounts shown below represent the average income of people living in Bewdley who have applied for a loan using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Bewdley: $106,583.33
applicants within all of Canada: $60,852.54
Difference: $45,730.79
  

Since the average income of Bewdley is notability higher than the Canadian national average, we have included the MEDIAN annual gross income for this town. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.

Median annual gross income for
mortgage applicants in Bewdley: $125,000.00
applicants within all of Canada: $60,852.54
Difference: $64,147.46

Note: Commercial loan amounts were not included for this report, only residential mortgage loans from Bewdley, Ontario were used.


Last mortgage report update for Bewdley: Friday, July 1, 2016
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Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Stratford.

Mortgage Product Type Inquiries
No Money Down discontinued22.78%
Refinance/Consolidate Debt20.25%
First-time Home Buyer16.46%
Mortgage Pre-approval13.92%
Mortgage Renewal8.86%
New Purchase7.59%
Other10.14%