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Lancaster Mortgage Information
Average Mortgage Loan in Lancaster: $82,266How Lancaster Ranks in Ontario for Mortgage Business
The following table lists how Lancaster 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 |
---|---|---|
504 | SPRINGFIELD, ON | 0.007% |
505 | ARISS, ON | 0.007% |
506 | JORDAN STATION, ON | 0.007% |
507 | EMBRO, ON | 0.007% |
508 | SHAKESPEARE, ON | 0.007% |
509 | LANCASTER, ON | 0.007% |
510 | CREEMORE, ON | 0.007% |
511 | MOOREFIELD, ON | 0.007% |
512 | FRASERVILLE, ON | 0.007% |
513 | LUNENBURG, ON | 0.007% |
514 | EGANVILLE, ON | 0.007% |
Types of Mortgage Inquiries Received from Lancaster
Type of Mortgage Application Form Selected | Percentage of Inquiries | |
---|---|---|
First-time Home Buyer: | 50.0% | |
Mortgage Pre-approval: | 25.0% | |
Commercial: | 25.0% | |
Total Application Types Found: 3 |
Age Demographics for Lancaster Originated Mortgages
Average age: 46
Oldest age: 70
Youngest age: 33
Incomes for Lancaster Originated Mortgages
The amounts shown below represent the average income of Canadians living in Lancaster who have submitted an inquiry using Mortgage Super Brokers' pre-approval application.
Average annual gross income for | |
---|---|
mortgage applicants in Lancaster: | $51,005.00 |
applicants within all of Canada: | $60,852.54 |
Difference: | ($9,847.54) |
Note: Commercial Mortgages were not included for this report, only residential mortgage loan amounts from Lancaster, Ontario were used.