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Happy Valley-Goose Bay Mortgage Information

Average Mortgage Loan in Happy Valley-Goose Bay: $146,730

How Happy Valley-Goose Bay Ranks in Newfoundland and Labrador for Mortgage Business

The following table lists how Happy Valley-Goose Bay 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
4PARADISE, NL 0.052%
5GRAND FALLS-WINDSOR, NL 0.050%
6CONCEPTION BAY SOUTH, NL 0.048%
7GANDER, NL 0.035%
8PORTUGAL COVE-ST PHILIPS, NL 0.033%
9HAPPY VALLEY-GOOSE BAY, NL 0.022%
10LABRADOR CITY, NL 0.022%
11GOULDS, NL 0.019%
12CLARENVILLE, NL 0.017%
13MARYSTOWN, NL 0.017%
14PASADENA, NL 0.016%

Types of Mortgage Inquiries Received from Happy Valley-Goose Bay


Type of Mortgage Application Form Selected  Percentage
of Inquiries
New Home Purchase: 38.5%
Mortgage Pre-approval: 23.1%
First-time Home Buyer: 15.4%
Mortgage Renewal: 7.7%
Refinance / Debt Consolidation: 7.7%
No Money Down Mortgage (discontinued): 7.7%
 
Total Application Types Found: 6

Age Demographics for Happy Valley-Goose Bay Mortgage Applicants

Average age: 43
Oldest age: 53
Youngest age: 36


Incomes for Happy Valley-Goose Bay Mortgage Applicants

The following depicts the average income of applicants living in Happy Valley-Goose Bay who have submitted an inquiry using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Happy Valley-Goose Bay: $53,384.62
applicants within all of Canada: $60,852.54
Difference: ($7,467.93)
  
mortgage co-applicants in Happy Valley-Goose Bay: $66,000.00
co-applicants within all of Canada: $43,965.51
Difference: $22,034.49

Note: Commercial Mortgages were not included for this section, only residential mortgage loans from Happy Valley-Goose Bay, Newfoundland and Labrador were used.

Nearest Settlements


1North West River, NL


Last mortgage report update for Happy Valley-Goose Bay: Friday, July 1, 2016
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