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Brackendale Mortgage Information

Average Mortgage Loan in Brackendale: $322,000

How Brackendale Ranks in British Columbia for Mortgage Business

The following table lists how Brackendale 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
124FAIRMONT HOT SPRINGS, BC 0.010%
125COBBLE HILL, BC 0.010%
126CACHE CREEK, BC 0.010%
127108 MILE RANCH, BC 0.010%
128THORNHILL, BC 0.010%
129BRACKENDALE, BC 0.010%
130TAYLOR, BC 0.010%
131150 MILE HOUSE, BC 0.010%
132RADIUM HOT SPRINGS, BC 0.009%
133ERRINGTON, BC 0.009%
134HERIOT BAY, BC 0.009%

Types of Mortgage Inquiries Received from Brackendale


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Renewal: 33.3%
HELOC: 33.3%
New Home Purchase: 16.7%
Mortgage Pre-approval: 16.7%
 
Total Application Types Found: 4

Age Demographics for Brackendale Mortgage Applicants

Average age: 40
Oldest age: 52
Youngest age: 34


Incomes for Brackendale Mortgage Applicants

The information below represents the average income of applicants living in Brackendale who have applied for a home loan using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Brackendale: $144,400.00
applicants within all of Canada: $60,852.54
Difference: $83,547.46
  

Since the average income of Brackendale is notability 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 Brackendale: $110,000.00
applicants within all of Canada: $60,852.54
Difference: $49,147.46

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


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