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Wellington Mortgage Information

Average Mortgage Loan in Wellington: $177,500

How Wellington Ranks in Ontario for Mortgage Business

The following table lists how Wellington 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
646LATCHFORD, ON 0.005%
647WOOLER, ON 0.005%
648MOONSTONE, ON 0.005%
649ONTARIO, ON 0.005%
650TOLEDO, ON 0.005%
651WELLINGTON, ON 0.005%
652SOMBRA, ON 0.005%
653WHITEFISH FALLS, ON 0.005%
654LEVACK, ON 0.005%
655DOUGLAS, ON 0.005%
656CHELTENHAM, ON 0.005%

Types of Mortgage Inquiries Received from Wellington


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 33.3%
New Home Purchase: 33.3%
Mortgage Pre-approval: 33.3%
 
Total Application Types Found: 3

Age Demographics for Wellington Originated Mortgages

Average age: 46
Oldest age: 61
Youngest age: 25


Incomes for Wellington Originated Mortgages

The amounts below are the average income of Canadians living in Wellington who have applied for a mortgage loan using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Wellington: $27,000.00
applicants within all of Canada: $60,852.54
Difference: ($33,852.54)
  

Note: Commercial loans were not included for this survey, only home loans from Wellington, Ontario were used.


Last mortgage report update for Wellington: 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 Gloucester.

Mortgage Product Type Inquiries
New Purchase35.09%
First-time Home Buyer14.04%
Mortgage Pre-approval12.28%
No Money Down discontinued10.53%
Refinance/Consolidate Debt10.53%
Mortgage Renewal8.77%
Other8.75%
 
Mortgage Payments Calculator
A different down payment amount can make the difference between buying a house and buying your dream house. Our mortgage calculator can show you how a change in your down payment amount can affect how much you pay in interest, either saving you thousands or giving you the room to buy that house you've always wanted.
Mortgage Payments Calc