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Bienfait Mortgage Information

Average Mortgage Loan in Bienfait: $106,000

How Bienfait Ranks in Saskatchewan for Mortgage Business

The following table lists how Bienfait 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
35LAFLECHE, SK 0.014%
36MAPLE CREEK, SK 0.014%
37ESTERHAZY, SK 0.014%
38SOUTHEY, SK 0.014%
39ROSETOWN, SK 0.014%
40BIENFAIT, SK 0.014%
41BUSHELL PARK, SK 0.014%
42HERBERT, SK 0.012%
43WATROUS, SK 0.012%
44DALMENY, SK 0.012%
45MIDALE, SK 0.010%

Types of Mortgage Inquiries Received from Bienfait


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 37.5%
Refinance / Debt Consolidation: 25.0%
First-time Home Buyer: 25.0%
No Money Down Mortgage (discontinued): 12.5%
 
Total Application Types Found: 4

Age Demographics for Bienfait Mortgage Applicants

Average age: 34
Oldest age: 46
Youngest age: 26


Incomes for Bienfait Mortgage Applicants

The amounts shown below represent the average income of Canadians living in Bienfait 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 Bienfait: $81,423.00
applicants within all of Canada: $60,852.54
Difference: $20,570.46
  

Since the average income of Bienfait is substantially higher than the national average, we have included the MEDIAN annual gross income for this area. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.

Median annual gross income for
mortgage applicants in Bienfait: $64,961.00
applicants within all of Canada: $60,852.54
Difference: $4,108.46

Note: Commercial loan amounts were not included for this section, only residential mortgages from Bienfait, Saskatchewan were used.


Last mortgage report update for Bienfait: Friday, July 1, 2016
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