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Fraser Lake Mortgage Information

Average Mortgage Loan in Fraser Lake: $151,538

How Fraser Lake Ranks in British Columbia for Mortgage Business

The following table lists how Fraser Lake 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
71ELKFORD, BC 0.029%
72OSOYOOS, BC 0.028%
74SICAMOUS, BC 0.026%
75FORT ST JAMES, BC 0.024%
76FRASER LAKE, BC 0.024%
77PRINCETON, BC 0.022%
78HOUSTON, BC 0.022%
79PEACHLAND, BC 0.022%
81PORT HARDY, BC 0.022%

Types of Mortgage Inquiries Received from Fraser Lake

Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 35.7%
New Home Purchase: 21.4%
First-time Home Buyer: 14.3%
Mortgage Renewal: 7.1%
Equity Mortgage: 7.1%
No Money Down Mortgage (discontinued): 7.1%
HELOC: 7.1%
Total Application Types Found: 7

Age Demographics for Fraser Lake Mortgages

Average age: 38
Oldest age: 48
Youngest age: 25

Incomes for Fraser Lake Mortgages

The following depicts the average income of applicants living in Fraser Lake who have submitted a mortgage inquiry using the pre-approval application on the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Fraser Lake: $76,147.50
applicants within all of Canada: $60,852.54
Difference: $15,294.96

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

Nearest Settlements

1Vanderhoof, British Columbia

Last mortgage report update for Fraser Lake: Friday, July 1, 2016
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