Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Lancaster Park: Wednesday, February 8, 2012   
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Related Links:
Ardrossan
Bon Accord
Devon
Edmonton
Fort Saskatchewan
Gibbons
Morinville
Sherwood Park
Spruce Grove
St Albert

Lancaster Park Mortgages

Alberta Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Originating from Lancaster Park

Year Year to Year
Comparison
** National
Contribution
2011: 15.39% 0.00%
2010: 7.69% 0.00%
2009: 23.08% 0.01%
2008: 7.69% 0.00%
2004: 30.77% 0.01%
2002: 15.39% 0.00%

Note: ** Total national contribution of Lancaster Park mortgages in the past is currently 0.03% with a projected target of 0.03%.

Current City Standing within Alberta


Location Contribution
070:  BANFF, AB 0.026%
071:  COALDALE, AB 0.026%
072:  WEMBLEY, AB 0.026%
073:  MILLET, AB 0.026%
074:  LEGAL, AB 0.026%
075:  LANCASTER PARK, AB 0.025%
076:  DE WINTON, AB 0.025%
077:  TOFIELD, AB 0.025%
078:  BOWDEN, AB 0.025%
079:  REDWATER, AB 0.023%
080:  SUNDRE, AB 0.023%

Nearest Settlements


1Edmonton, Alberta
2St Albert, Alberta
3Bon Accord, Alberta
4Fort Saskatchewan, Alberta
5Morinville, Alberta
6Gibbons, Alberta
7Spruce Grove, Alberta
8Sherwood Park, Alberta
9Devon, Alberta
10Ardrossan, Alberta
11Redwater, Alberta
12Stony Plain, Alberta
13Bruderheim, Alberta
14Beaumont, Alberta
15Tofield, Alberta
16Carvel, Alberta
17Legal, Alberta


Product Popularity for Lancaster Park


Mortgage Application
Form Type
  Percentage
of Inquiries
Qualification: 46.2%
No Money Down: 23.1%
Purchase: 15.4%
First-time Buyer: 7.7%
Variable Rate: 7.7%
 
Total Application Types Found: 5
 Lancaster Park Mortgage Product Popularity Pie Chart

Age Demographics for Lancaster Park Mortgage Applicants

Average age: 31
Oldest age: 42
Youngest age: 21


Incomes for Lancaster Park Mortgage Applicants

The amounts shown below represent the average income of Canadians living in Lancaster Park who have applied for a loan using the pre-approval application on CanEquity's web site.

Average annual gross income for
mortgage applicants in Lancaster Park: $54,121.50
applicants within all of Canada: $59,498.47
Difference: ($5,376.97)
  
mortgage co-applicants in Lancaster Park: $32,074.29
co-applicants within all of Canada: $42,403.13
Difference: ($10,328.84)

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

Residential Status for Lancaster Park Mortgages

The pie chart below shows the residential status of people living in Lancaster Park who have applied for a home loan using the pre-approval application on the CanEquity Mortgage web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 76.9%
No Comment: 23.1%
Lancaster Park Residential Status Pie Chart

Marital Statistics for Lancaster Park Mortgages

The information below shows the marital status of applicants from Lancaster Park, Alberta using the preapproval application located at canequity.com. In Lancaster Park, approximately 100% of the mortgage applicants are living together with someone, while only 0% are single, separated or divorced.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 61.5%
Common-law: 38.5%
Lancaster Park Marital Status Pie Chart