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Denman Island Mortgage Information

Average Mortgage Loan in Denman Island: $107,500

How Denman Island Ranks in British Columbia for Mortgage Business

The following table lists how Denman Island 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
138COWICHAN BAY, BC 0.009%
139DEROCHE, BC 0.009%
140CHRISTINA LAKE, BC 0.009%
141CANYON, BC 0.007%
142GENELLE, BC 0.007%
143DENMAN ISLAND, BC 0.007%
144NARAMATA, BC 0.007%
145BURNS LAKE, BC 0.007%
146CHEMAINUS, BC 0.007%
147BARRIERE, BC 0.007%
148CHERRYVILLE, BC 0.007%

Types of Mortgage Inquiries Received from Denman Island


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 25.0%
New Home Purchase: 25.0%
Mortgage Pre-approval: 25.0%
First-time Home Buyer: 25.0%
 
Total Application Types Found: 4

Age Demographics for Denman Island Mortgage Applicants

Average age: 38
Oldest age: 52
Youngest age: 30


Incomes for Denman Island Mortgage Applicants

The information below represents the average income of people living in Denman Island who have submitted an inquiry using Mortgage Super Brokers' online mortgage application.

Average annual gross income for
mortgage applicants in Denman Island: $77,500.00
applicants within all of Canada: $60,852.54
Difference: $16,647.46
  

Note: Commercial loan amounts were not included for this survey, only residential mortgage loan amounts from Denman Island, British Columbia were used.


Last mortgage report update for Denman Island: Friday, July 1, 2016
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British Columbia
 
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Abbotsford.

Mortgage Product Type Inquiries
Mortgage Pre-approval30.49%
New Purchase15.24%
No Money Down discontinued14.02%
Refinance/Consolidate Debt12.20%
First-time Home Buyer10.37%
Mortgage Renewal7.93%
Pre-approval4.27%
Other5.49%