Canadian Maple Leaf Licensing Info: Alberta Mortgage #MW-0511205,
FSCO (Ontario) #10315,
Saskatchewan Mortgage #315872, and all other provinces.
 
Division of

The Mortgage Group®

Canada | BC | AB | SK | MB | ON | QC | NL | PE | NS | NB | YT | NU | NT

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
340CHESTERVILLE, ON 0.014%
341BLOOMFIELD, ON 0.014%
342ODESSA, ON 0.014%
343JACKSONS POINT, ON 0.014%
344WILLIAMSTOWN, ON 0.014%
345LUCAN, ON 0.014%
346KINBURN, ON 0.014%
347HILLSBURGH, ON 0.014%
348GLENCOE, ON 0.014%
349VANKLEEK HILL, 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
Home Mortgage
 
Try Our Mortgage Calculator
Do you want to pay your mortgage off faster? You might want to switch to bi-weekly accelerated payments! Use our versatile mortgage calculator to find out just how quickly you can pay off your mortgage, and see how much you can save on interest payments.
Calculator
 
Did you know? The average home loan in Waterdown is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.
Ontario