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Mill Bay Mortgage Information
Average Mortgage Loan in Mill Bay: $253,690How Mill Bay Ranks in British Columbia for Mortgage Business
The following table lists how Mill Bay 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 |
---|---|---|
78 | HOUSTON, BC | 0.022% |
79 | PEACHLAND, BC | 0.022% |
80 | PORT MCNEILL, BC | 0.022% |
81 | PORT HARDY, BC | 0.022% |
82 | NORTH SAANICH, BC | 0.022% |
83 | MILL BAY, BC | 0.021% |
84 | LUMBY, BC | 0.021% |
85 | LAKE COWICHAN, BC | 0.021% |
86 | COLDSTREAM, BC | 0.019% |
87 | GABRIOLA, BC | 0.019% |
88 | OLIVER, BC | 0.019% |
Types of Mortgage Inquiries Received from Mill Bay
Type of Mortgage Application Form Selected | Percentage of Inquiries | |
---|---|---|
Mortgage Renewal: | 25.0% | |
Mortgage Pre-approval: | 25.0% | |
Refinance / Debt Consolidation: | 16.7% | |
New Home Purchase: | 8.3% | |
Consolidate Mortgages: | 8.3% | |
First-time Home Buyer: | 8.3% | |
Second Mortgage: | 8.3% | |
Total Application Types Found: 7 |
Age Demographics for Mill Bay Mortgages
Average age: 46
Oldest age: 73
Youngest age: 34
Incomes for Mill Bay Mortgages
The following figures show the average income of Canadians living in Mill Bay who have submitted a mortgage inquiry using the Super Brokers' mortgage application.
Average annual gross income for | |
---|---|
mortgage applicants in Mill Bay: | $71,722.22 |
applicants within all of Canada: | $60,852.54 |
Difference: | $10,869.68 |
mortgage co-applicants in Mill Bay: | $49,333.33 |
co-applicants within all of Canada: | $43,965.51 |
Difference: | $5,367.82 |
Note: Commercial loan amounts were not included for this report, only home loans from Mill Bay, British Columbia were used.