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Lancaster Park Mortgage Information

Average Mortgage Loan in Lancaster Park: $228,807

How Lancaster Park Ranks in Alberta for Mortgage Business

The following table lists how Lancaster Park 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
77PINCHER CREEK, AB 0.026%
78BLAIRMORE, AB 0.024%
79THORSBY, AB 0.024%
80MILLET, AB 0.024%
81MAYERTHORPE, AB 0.024%
82LANCASTER PARK, AB 0.022%
83CARSTAIRS, AB 0.022%
84WEMBLEY, AB 0.022%
85ELK POINT, AB 0.022%
86BLACK DIAMOND, AB 0.022%
87BOWDEN, AB 0.022%

Types of Mortgage Inquiries Received from Lancaster Park


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 38.5%
No Money Down Mortgage (discontinued): 30.8%
New Home Purchase: 23.1%
First-time Home Buyer: 7.7%
 
Total Application Types Found: 4

Age Demographics for Lancaster Park Mortgage Applicants

Average age: 33
Oldest age: 47
Youngest age: 21


Incomes for Lancaster Park Mortgage Applicants

The figures below represent the average income of Canadians living in Lancaster Park who have submitted a mortgage inquiry using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Lancaster Park: $56,522.92
applicants within all of Canada: $60,852.54
Difference: ($4,329.63)
  
mortgage co-applicants in Lancaster Park: $32,253.33
co-applicants within all of Canada: $43,965.51
Difference: ($11,712.18)

Note: Commercial loan amounts were not included for this survey, only residential loans amounts from Lancaster Park, Alberta were used.


Last mortgage report update for Lancaster Park: Friday, July 1, 2016
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