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Lucan Mortgage Information

Average Mortgage Loan in Lucan: $190,875

How Lucan Ranks in Ontario for Mortgage Business

The following table lists how Lucan 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
341BLOOMFIELD, ON 0.014%
342ODESSA, ON 0.014%
345LUCAN, ON 0.014%
346KINBURN, ON 0.014%
347HILLSBURGH, ON 0.014%
348GLENCOE, ON 0.014%
350FINCH, ON 0.014%

Types of Mortgage Inquiries Received from Lucan

Type of Mortgage Application Form Selected  Percentage
of Inquiries
New Home Purchase: 25.0%
First-time Home Buyer: 25.0%
Mortgage Renewal: 12.5%
Refinance / Debt Consolidation: 12.5%
Mortgage Pre-approval: 12.5%
No Money Down Mortgage (discontinued): 12.5%
Total Application Types Found: 6

Age Demographics for Lucan Mortgages

Average age: 36
Oldest age: 61
Youngest age: 24

Incomes for Lucan Mortgages

The following depicts the average income of applicants living in Lucan who have submitted an inquiry using the online application located at the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Lucan: $60,125.00
applicants within all of Canada: $60,852.54
Difference: ($727.54)
mortgage co-applicants in Lucan: $51,750.00
co-applicants within all of Canada: $43,965.51
Difference: $7,784.49

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

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