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

Waterford Mortgage Information

Average Mortgage Loan in Waterford: $137,342

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 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.

RankLocation Contribution
184MEAFORD, ON 0.031%
185MADOC, ON 0.031%
186ELORA, ON 0.031%
187MARMORA, ON 0.031%
188CAYUGA, ON 0.029%
189WATERFORD, ON 0.029%
191MOUNT HOPE, ON 0.029%
192STAYNER, ON 0.029%
193ARTHUR, ON 0.029%
194ATHENS, 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.

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

Mortgage Product Type Inquiries
Mortgage Pre-approval22.25%
Refinance/Consolidate Debt18.87%
First-time Home Buyer16.90%
Mortgage Renewal12.68%
New Purchase12.11%
No Money Down discontinued9.01%
Did you know? The average home loan in Grimsby is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.