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Sorrento Mortgage Information

Average Mortgage Loan in Sorrento: $233,179

How Sorrento Ranks in British Columbia for Mortgage Business

The following table lists how Sorrento 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
95SAANICHTON, BC 0.017%
96WINFIELD, BC 0.017%
97CHETWYND, BC 0.016%
98SALMO, BC 0.016%
99FRUITVALE, BC 0.016%
100SORRENTO, BC 0.016%
101NANOOSE BAY, BC 0.016%
102ROSSLAND, BC 0.014%
103PEMBERTON, BC 0.014%
104ASHCROFT, BC 0.014%
105100 MILE HOUSE, BC 0.014%

Types of Mortgage Inquiries Received from Sorrento


Type of Mortgage Application Form Selected  Percentage
of Inquiries
New Home Purchase: 33.3%
Mortgage Renewal: 22.2%
Mortgage Pre-approval: 22.2%
Refinance / Debt Consolidation: 11.1%
Low Doc: 11.1%
 
Total Application Types Found: 5

Age Demographics for Sorrento Mortgages

Average age: 47
Oldest age: 72
Youngest age: 26


Incomes for Sorrento Mortgages

The figures below represent the average income of applicants living in Sorrento who have applied for a loan using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Sorrento: $50,125.00
applicants within all of Canada: $60,852.54
Difference: ($10,727.54)
  
mortgage co-applicants in Sorrento: $28,000.00
co-applicants within all of Canada: $43,965.51
Difference: ($15,965.51)

Note: Commercial loans were not included for this survey, only residential loans from Sorrento, British Columbia were used.


Last mortgage report update for Sorrento: Friday, July 1, 2016
Mortgage Calculator
 
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in North Vancouver.

Mortgage Product Type Inquiries
Mortgage Pre-approval22.05%
Mortgage Renewal15.75%
New Purchase14.96%
First-time Home Buyer14.17%
No Money Down discontinued13.39%
Refinance/Consolidate Debt8.66%
Other11.03%
 
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British Columbia