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Watford Mortgage Information

Average Mortgage Loan in Watford: $137,492

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 Watford Ranks in Ontario for Mortgage Business

The following table lists how Watford 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
210CONCORD, ON 0.026%
211CAMPBELLVILLE, ON 0.026%
212BINBROOK, ON 0.026%
213HALIBURTON, ON 0.026%
214BEAVERTON, ON 0.026%
215WATFORD, ON 0.026%
216FONTHILL, ON 0.026%
217GREELY, ON 0.026%
218CLINTON, ON 0.026%
219WHEATLEY, ON 0.026%
220HASTINGS, ON 0.026%

Types of Mortgage Inquiries Received from Watford


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 40.0%
New Home Purchase: 13.3%
Refinance / Debt Consolidation: 13.3%
First-time Home Buyer: 13.3%
No Money Down Mortgage (discontinued): 6.7%
Pre-approval: 6.7%
HELOC: 6.7%
 
Total Application Types Found: 7

Age Demographics for Watford Mortgage Applicants

Average age: 36
Oldest age: 64
Youngest age: 20


Incomes for Watford Mortgage Applicants

The figures below represent the average income of Canadians living in Watford 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 Watford: $32,483.33
applicants within all of Canada: $60,852.54
Difference: ($28,369.21)
  
mortgage co-applicants in Watford: $31,312.50
co-applicants within all of Canada: $43,965.51
Difference: ($12,653.01)

Note: Commercial Mortgage loans were not included for this survey, only residential mortgage loans from Watford, Ontario were used.


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