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Elkford Mortgage Information

Average Mortgage Loan in Elkford: $170,882

British Columbia Mortgage Originations Compared to all other Provinces and Territories


Online Mortgage Origination for the Province or Territory of Percentage of Applications
Alberta: 21.07%
British Columbia: 10.40%
Manitoba: 2.00%
New Brunswick: 2.53%
Newfoundland and Labrador: 1.30%
Nova Scotia: 3.29%
Northwest Territories: 0.49%
Nunavut: 0.10%
Ontario: 47.31%
Prince Edward Island: 0.51%
Quebec: 3.94%
Saskatchewan: 5.04%
Yukon: 0.47%

How Elkford Ranks in British Columbia for Mortgage Business

The following table lists how Elkford 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
66HOPE, BC 0.035%
67ARMSTRONG, BC 0.035%
68QUALICUM BEACH, BC 0.033%
69WEST VANCOUVER, BC 0.033%
70SIDNEY, BC 0.031%
71ELKFORD, BC 0.029%
72OSOYOOS, BC 0.028%
73SHAWNIGAN LAKE, BC 0.028%
74SICAMOUS, BC 0.026%
75FORT ST JAMES, BC 0.024%
76FRASER LAKE, BC 0.024%

Types of Mortgage Inquiries Received from Elkford


Type of Mortgage Application Form Selected  Percentage
of Inquiries
New Home Purchase: 29.4%
Mortgage Pre-approval: 23.5%
First-time Home Buyer: 23.5%
Refinance / Debt Consolidation: 11.8%
Equity Mortgage: 5.9%
Transfer: 5.9%
 
Total Application Types Found: 6

Age Demographics for Elkford Based Mortgages

Average age: 36
Oldest age: 57
Youngest age: 24


Incomes for Elkford Based Mortgages

The following depicts the average income of Canadians living in Elkford who have applied for a home loan using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Elkford: $79,581.25
applicants within all of Canada: $60,852.54
Difference: $18,728.71
  
mortgage co-applicants in Elkford: $72,750.00
co-applicants within all of Canada: $43,965.51
Difference: $28,784.49

Note: Commercial loans were not included for this report, only residential loans were used.


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