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Kingman Mortgage Information
Average Mortgage Loan in Kingman: $54,000The 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.
Rank | Location | Contribution |
182 | ALDERSYDE, AB | 0.007% |
183 | LONGVIEW, AB | 0.007% |
184 | DUCHESS, AB | 0.007% |
185 | THORHILD, AB | 0.007% |
186 | WIDEWATER, AB | 0.007% |
187 | KINGMAN, AB | 0.005% |
188 | LUNDBRECK, AB | 0.005% |
189 | OHATON, AB | 0.005% |
190 | ALIX, AB | 0.005% |
191 | STAVELY, AB | 0.005% |
192 | SANGUDO, AB | 0.005% |
Type of Mortgage Application Form Selected | | Percentage of Inquiries |
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First-time Home Buyer: | | 66.7% |
Refinance / Debt Consolidation: | | 33.3% |
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Total Application Types Found: 2 |
Average age: 36
Oldest age: 60
Youngest age: 24
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 |
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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 | |
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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.