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Vegreville Mortgage Information

Average Mortgage Loan in Vegreville: $134,661

Alberta 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 Vegreville Ranks in Alberta for Mortgage Business

The following table lists how Vegreville 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
51BLACKFALDS, AB 0.041%
52TABER, AB 0.041%
53GRANDE CACHE, AB 0.040%
54GIBBONS, AB 0.038%
55HIGH LEVEL, AB 0.038%
56VEGREVILLE, AB 0.033%
57NANTON, AB 0.033%
58MORINVILLE, AB 0.033%
59WESTLOCK, AB 0.033%
60LEGAL, AB 0.033%
61THREE HILLS, AB 0.033%

Types of Mortgage Inquiries Received from Vegreville


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 26.3%
No Money Down Mortgage (discontinued): 21.1%
First-time Home Buyer: 10.5%
Equity Mortgage: 10.5%
Refinance / Debt Consolidation: 10.5%
Second Mortgage: 5.3%
Mortgage Renewal: 5.3%
New Home Purchase: 5.3%
Variable Rate: 5.3%
 
Total Application Types Found: 9

Age Demographics for Vegreville Originated Mortgages

Average age: 37
Oldest age: 57
Youngest age: 21


Incomes for Vegreville Originated Mortgages

The amounts below are the average income of Canadians living in Vegreville who have applied for a mortgage loan using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Vegreville: $53,500.12
applicants within all of Canada: $60,852.54
Difference: ($7,352.42)
  
mortgage co-applicants in Vegreville: $33,809.54
co-applicants within all of Canada: $43,965.51
Difference: ($10,155.97)

Note: Commercial loans were not included for this section, only residential loans from Vegreville, Alberta were used.


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