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Bishops Falls Mortgage Information

Average Mortgage Loan in Bishops Falls: $90,950

How Bishops Falls Ranks in Newfoundland and Labrador for Mortgage Business

The following table lists how Bishops Falls 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
13MARYSTOWN, NL 0.017%
14PASADENA, NL 0.016%
16HOLYROOD, NL 0.014%
18DOYLES, NL 0.012%
19DEER LAKE, NL 0.012%
21CARBONEAR, NL 0.012%
22BOTWOOD, NL 0.010%

Types of Mortgage Inquiries Received from Bishops Falls

Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 37.5%
No Money Down Mortgage (discontinued): 25.0%
Refinance / Debt Consolidation: 12.5%
New Home Purchase: 12.5%
First-time Home Buyer: 12.5%
Total Application Types Found: 5

Age Demographics for Bishops Falls Mortgages

Average age: 30
Oldest age: 40
Youngest age: 19

Incomes for Bishops Falls Mortgages

The amounts below are the average income of Canadians living in Bishops Falls who have applied for a home loan using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Bishops Falls: $37,062.50
applicants within all of Canada: $60,852.54
Difference: ($23,790.04)

Note: Commercial Mortgages were not included for this report, only residential loans were used.

Last mortgage report update for Bishops Falls: Friday, July 1, 2016
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