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Newport Mortgage Information

Average Mortgage Loan in Newport: $137,000

How Newport Ranks in Nova Scotia for Mortgage Business

The following table lists how Newport 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
47ENFIELD, NS 0.012%
48AYLESFORD, NS 0.012%
49PUGWASH, NS 0.012%
50CHESTER, NS 0.012%
51BARRINGTON, NS 0.010%
52NEWPORT, NS 0.010%
53TRENTON, NS 0.010%
54ELLERSHOUSE, NS 0.010%
55LUNENBURG, NS 0.010%
56MOUNT UNIACKE, NS 0.010%
57WEYMOUTH, NS 0.010%

Types of Mortgage Inquiries Received from Newport


Type of Mortgage Application Form Selected  Percentage
of Inquiries
New Home Purchase: 50.0%
Mortgage Pre-approval: 16.7%
No Money Down Mortgage (discontinued): 16.7%
First-time Home Buyer: 16.7%
 
Total Application Types Found: 4

Age Demographics for Newport Originated Mortgages

Average age: 32
Oldest age: 42
Youngest age: 23


Incomes for Newport Originated Mortgages

The numbers below represent the average income of people living in Newport who have applied for a loan using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Newport: $40,133.33
applicants within all of Canada: $60,852.54
Difference: ($20,719.21)
  
mortgage co-applicants in Newport: $23,000.00
co-applicants within all of Canada: $43,965.51
Difference: ($20,965.51)

Note: Commercial Mortgages were not included for this section, only residential mortgages were used.


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