Canadian Maple Leaf Licensing Info: Alberta Mortgage #MW-0511205,
FSCO (Ontario) #10315,
Saskatchewan Mortgage #315872, and all other provinces.
 
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Grand Bank Mortgage Information

How Grand Bank Ranks in Newfoundland and Labrador for Mortgage Business

The following table lists how Grand Bank 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
45HAMPDEN, NL 0.003%
46LOGY BAY, NL 0.003%
47CONCEPTION HARBOUR, NL 0.003%
48SPRINGDALE, NL 0.003%
49BAY DE VERDE, NL 0.003%
50GRAND BANK, NL 0.003%
51ROCKY HARBOUR, NL 0.003%
52LARK HARBOUR, NL 0.003%
53CLARKES BEACH, NL 0.003%
54TRINITY TB, NL 0.003%
55CATALINA, NL 0.003%

Types of Mortgage Inquiries Received from Grand Bank


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 50.0%
Mortgage Pre-approval: 50.0%
 
Total Application Types Found: 2

Age Demographics for Grand Bank Mortgage Applicants

Average age: 45
Oldest age: 49
Youngest age: 41


Incomes for Grand Bank Mortgage Applicants

The following figures show the average income of people living in Grand Bank who have submitted an inquiry using the pre-approval application on the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Grand Bank: $66,500.00
applicants within all of Canada: $60,852.54
Difference: $5,647.46
  

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

Last mortgage report update for Grand Bank: Friday, July 1, 2016
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