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Stillwater Lake Mortgage Information

Average Mortgage Loan in Stillwater Lake: $160,857

How Stillwater Lake Ranks in Nova Scotia for Mortgage Business

The following table lists how Stillwater Lake 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
75BELMONT, NS 0.007%
76PORT WILLIAMS, NS 0.007%
77UPPER SACKVILLE, NS 0.007%
78NINE MILE RIVER, NS 0.007%
79LOCKEPORT, NS 0.007%
80STILLWATER LAKE, NS 0.007%
81HANTSPORT, NS 0.007%
82BEAVER BANK, NS 0.007%
83CORNWALLIS, NS 0.007%
84WELLINGTON, NS 0.007%
85WATERVILLE, NS 0.007%

Types of Mortgage Inquiries Received from Stillwater Lake


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Renewal: 50.0%
Refinance / Debt Consolidation: 25.0%
New Home Purchase: 25.0%
 
Total Application Types Found: 3

Age Demographics for Stillwater Lake Mortgages

Average age: 40
Oldest age: 48
Youngest age: 34


Incomes for Stillwater Lake Mortgages

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

Average annual gross income for
mortgage applicants in Stillwater Lake: $128,750.00
applicants within all of Canada: $60,852.54
Difference: $67,897.46
  

Since the average income of Stillwater Lake is notability higher than our Canadian national average, we have included the MEDIAN annual gross income for this location. 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
mortgage applicants in Stillwater Lake: $112,500.00
applicants within all of Canada: $60,852.54
Difference: $51,647.46

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


Last mortgage report update for Stillwater Lake: Friday, July 1, 2016
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