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Herbert Mortgage Information

Average Mortgage Loan in Herbert: $67,000

How Herbert Ranks in Saskatchewan for Mortgage Business

The following table lists how Herbert 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
37ESTERHAZY, SK 0.014%
38SOUTHEY, SK 0.014%
39ROSETOWN, SK 0.014%
40BIENFAIT, SK 0.014%
42HERBERT, SK 0.012%
43WATROUS, SK 0.012%
44DALMENY, SK 0.012%
45MIDALE, SK 0.010%
46WHITEWOOD, SK 0.010%
47ELROSE, SK 0.010%

Types of Mortgage Inquiries Received from Herbert

Type of Mortgage Application Form Selected  Percentage
of Inquiries
First-time Home Buyer: 42.9%
No Money Down Mortgage (discontinued): 28.6%
Home Renovation: 14.3%
Variable Rate: 14.3%
Total Application Types Found: 4

Age Demographics for Herbert Mortgages

Average age: 37
Oldest age: 69
Youngest age: 29

Incomes for Herbert Mortgages

The information below represents the average income of applicants living in Herbert who have applied for a home loan using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Herbert: $32,160.00
applicants within all of Canada: $60,852.54
Difference: ($28,692.54)

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

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

Mortgage Product Type Inquiries
First-time Home Buyer21.79%
Mortgage Pre-approval20.51%
New Purchase20.51%
No Money Down discontinued17.95%
Refinance/Consolidate Debt12.82%