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Saskatchewan Mortgage #315872, and all other provinces.
 
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Kingman Mortgage Information

Average Mortgage Loan in Kingman: $54,000

How Kingman Ranks in Alberta for Mortgage Business

The following table lists how Kingman 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
182ALDERSYDE, AB 0.007%
183LONGVIEW, AB 0.007%
184DUCHESS, AB 0.007%
185THORHILD, AB 0.007%
186WIDEWATER, AB 0.007%
187KINGMAN, AB 0.005%
188LUNDBRECK, AB 0.005%
189OHATON, AB 0.005%
190ALIX, AB 0.005%
191STAVELY, AB 0.005%
192SANGUDO, AB 0.005%

Types of Mortgage Inquiries Received from Kingman


Type of Mortgage Application Form Selected  Percentage
of Inquiries
First-time Home Buyer: 66.7%
Refinance / Debt Consolidation: 33.3%
 
Total Application Types Found: 2

Age Demographics for Kingman Mortgage Applicants

Average age: 36
Oldest age: 60
Youngest age: 24


Incomes for Kingman Mortgage Applicants

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

Average annual gross income for
mortgage applicants in Kingman: $87,166.67
applicants within all of Canada: $60,852.54
Difference: $26,314.12
  

Since the average income of Kingman is much higher than our Canadian national average, we have included the MEDIAN annual gross income for this town. 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 Kingman: $26,000.00
applicants within all of Canada: $60,852.54
Difference: ($34,852.54)

Note: Commercial Mortgage loans were not included for this section, only residential mortgage loan amounts from Kingman, Alberta were used.


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

Mortgage Product Type Inquiries
Mortgage Pre-approval22.81%
Refinance/Consolidate Debt17.54%
First-time Home Buyer15.79%
No Money Down discontinued14.04%
New Purchase14.04%
Mortgage Renewal7.02%
Other8.75%