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Newtonville Mortgage Information

Average Mortgage Loan in Newtonville: $176,666

How Newtonville Ranks in Ontario for Mortgage Business

The following table lists how Newtonville 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
586WILLIAMSBURG, ON 0.005%
587CENTREVILLE, ON 0.005%
588GODFREY, ON 0.005%
589UTOPIA, ON 0.005%
590NAUGHTON, ON 0.005%
591NEWTONVILLE, ON 0.005%
592WALDHOF, ON 0.005%
593BURNSTOWN, ON 0.005%
594EMO, ON 0.005%
595KETTLEBY, ON 0.005%
596TARA, ON 0.005%

Types of Mortgage Inquiries Received from Newtonville


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 66.7%
Refinance / Debt Consolidation: 33.3%
 
Total Application Types Found: 2

Age Demographics for Newtonville Mortgages

Average age: 50
Oldest age: 54
Youngest age: 46


Incomes for Newtonville Mortgages

The following figures show the average income of people living in Newtonville who have submitted a mortgage inquiry using Mortgage Super Brokers' online mortgage application.

Average annual gross income for
mortgage applicants in Newtonville: $96,666.67
applicants within all of Canada: $60,852.54
Difference: $35,814.12
  

Since the average income of Newtonville is notability higher than the Canadian national average, we have included the MEDIAN annual gross income for this location. 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 Newtonville: $100,000.00
applicants within all of Canada: $60,852.54
Difference: $39,147.46

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


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