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Lincoln Mortgage Information

Average Mortgage Loan in Lincoln: $189,916

How Lincoln Ranks in New Brunswick for Mortgage Business

The following table lists how Lincoln 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
12ST STEPHEN, NB 0.029%
13QUISPAMSIS, NB 0.029%
14SHEDIAC, NB 0.026%
15SUSSEX, NB 0.021%
16EDMUNDSTON, NB 0.021%
17LINCOLN, NB 0.019%
18NOTRE-DAME, NB 0.019%
19BERESFORD, NB 0.017%
20MINTO, NB 0.016%
21BOUCTOUCHE, NB 0.016%
22CAMPBELLTON, NB 0.016%

Types of Mortgage Inquiries Received from Lincoln


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 27.3%
Mortgage Renewal: 18.2%
New Home Purchase: 18.2%
First-time Home Buyer: 18.2%
: 9.1%
No Money Down Mortgage (discontinued): 9.1%
 
Total Application Types Found: 6

Age Demographics for Lincoln Mortgage Applicants

Average age: 40
Oldest age: 69
Youngest age: 23


Incomes for Lincoln Mortgage Applicants

The information below represents the average income of applicants living in Lincoln who have submitted an inquiry using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Lincoln: $54,672.86
applicants within all of Canada: $60,852.54
Difference: ($6,179.68)
  

Note: Commercial Mortgage loans were not included for this report, only home loans from Lincoln, New Brunswick were used.


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

Mortgage Product Type Inquiries
Mortgage Pre-approval22.00%
Refinance/Consolidate Debt22.00%
No Money Down discontinued14.00%
First-time Home Buyer14.00%
New Purchase12.00%
Commercial Financing6.00%
Other10%
 
Mortgage Rates
If you look for a mortgage online, you'll soon see that from one lender, bank, or broker to the next, the rates offered can be substantially different. Some high, some low. Compare the best mortgage rates and make sure your money isn't being wasted.
Mortgage Rates