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Boyle Mortgage Information

Average Mortgage Loan in Boyle: $285,000

How Boyle Ranks in Alberta for Mortgage Business

The following table lists how Boyle 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
123VULCAN, AB 0.012%
124KILLAM, AB 0.012%
125ANZAC, AB 0.012%
126BAWLF, AB 0.012%
127BRETON, AB 0.012%
128BOYLE, AB 0.012%
129ENTWISTLE, AB 0.010%
130ROCHESTER, AB 0.010%
131LA CRETE, AB 0.010%
132RED EARTH CREEK, AB 0.010%
133DENWOOD, AB 0.010%

Types of Mortgage Inquiries Received from Boyle


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 57.1%
Equity Mortgage: 14.3%
Refinance / Debt Consolidation: 14.3%
First-time Home Buyer: 14.3%
 
Total Application Types Found: 4

Age Demographics for Boyle Mortgage Applicants

Average age: 39
Oldest age: 51
Youngest age: 26


Incomes for Boyle Mortgage Applicants

The amounts below are the average income of people living in Boyle who have applied for a home loan using the online application located at the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Boyle: $84,714.29
applicants within all of Canada: $60,852.54
Difference: $23,861.74
  

Since the average income of Boyle is substantially higher than the Canadian national average, we have included the MEDIAN annual gross income for this town. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.

Median annual gross income for
mortgage applicants in Boyle: $74,000.00
applicants within all of Canada: $60,852.54
Difference: $13,147.46

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


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