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Fort Qu'appelle Mortgage Information

Average Mortgage Loan in Fort Qu'appelle: $121,500

How Fort Qu'appelle Ranks in Saskatchewan for Mortgage Business

The following table lists how Fort Qu'appelle 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
22INDIAN HEAD, SK 0.019%
23BATTLEFORD, SK 0.019%
24MEADOW LAKE, SK 0.019%
25CANORA, SK 0.017%
26HUDSON BAY, SK 0.017%
27FORT QU'APPELLE, SK 0.017%
28TISDALE, SK 0.017%
29WARMAN, SK 0.016%
30ASSINIBOIA, SK 0.016%
31UNITY, SK 0.016%
32CARLYLE, SK 0.014%

Types of Mortgage Inquiries Received from Fort Qu'appelle


Type of Mortgage Application Form Selected  Percentage
of Inquiries
First-time Home Buyer: 30.0%
Mortgage Pre-approval: 20.0%
No Money Down Mortgage (discontinued): 20.0%
Mortgage Renewal: 10.0%
New Home Purchase: 10.0%
Refinance / Debt Consolidation: 10.0%
 
Total Application Types Found: 6

Age Demographics for Fort Qu'appelle Mortgage Applicants

Average age: 40
Oldest age: 72
Youngest age: 24


Incomes for Fort Qu'appelle Mortgage Applicants

The amounts below are the average income of people living in Fort Qu'appelle who have submitted an inquiry using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Fort Qu'appelle: $82,296.70
applicants within all of Canada: $60,852.54
Difference: $21,444.16
  

Since the average income of Fort Qu'appelle is much higher than our national average, we have included the MEDIAN annual gross income for this town. 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 Fort Qu'appelle: $42,500.00
applicants within all of Canada: $60,852.54
Difference: ($18,352.54)

Note: Commercial loans were not included for this survey, only home loans were used.


Last mortgage report update for Fort Qu'appelle: Friday, July 1, 2016
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