Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Lucan: Wednesday, February 8, 2012   
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Related Links:
Ailsa Craig
Centre Wellington
Exeter
Granton
Ilderton
Mitchell
Salem
St Marys
Tavistock
Thamesford

Lucan Mortgages

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Yearly Volume Comparison for Mortgage Inquiries from Lucan

Year Year to Year
Comparison
** National
Contribution
2011: 20.00% 0.00%
2010: 20.00% 0.00%
2009: 20.00% 0.00%
2007: 10.00% 0.00%
2004: 10.00% 0.00%
2002: 20.00% 0.00%

Note: ** Total national contribution of Lucan mortgages in the past is currently 0.02% with a projected target of 0.02%.

Current City Standing within Ontario


Location Contribution
271:  TWEED, ON 0.019%
272:  WOODLAWN, ON 0.019%
273:  KIRKFIELD, ON 0.019%
274:  NORWOOD, ON 0.019%
275:  CHESLEY, ON 0.019%
276:  LUCAN, ON 0.019%
277:  PALGRAVE, ON 0.019%
278:  HARROWSMITH, ON 0.019%
279:  MORRISBURG, ON 0.019%
280:  LIMOGES, ON 0.019%
281:  PORCUPINE, ON 0.019%

Nearest Settlements


1Granton, Ontario
2St Marys, Ontario
3Ailsa Craig, Ontario
4Ilderton, Ontario
5Thamesford, Ontario
6Salem, Ontario
7Mitchell, Ontario
8Tavistock, Ontario
9Exeter, Ontario
10Centre Wellington, Ontario
11Dorchester, Ontario
12Shakespeare, Ontario
13Ingersoll, Ontario
14Strathroy, Ontario
15Denfield, Ontario
16New Hamburg, Ontario
17Stratford, Ontario
18London, Ontario
19Baden, Ontario
20Norwich, Ontario
21Innerkip, Ontario
22Parkhill, Ontario
23Belmont, Ontario
24Delaware, Ontario
25Crediton, Ontario
26Watford, Ontario
27Komoka, Ontario
28Beachville, Ontario
29Hensall, Ontario
30Mount Brydges, Ontario
31Sebringville, Ontario
32Bright, Ontario
33St Thomas, Ontario
34Langton, Ontario
35Melbourne, Ontario
36Wyoming, Ontario
37Straffordville, Ontario
38Aylmer, Ontario
39Courtland, Ontario
40Brownsville, Ontario
41Woodstock, Ontario
42Glencoe, Ontario
43Vittoria, Ontario
44Milverton, Ontario
45Otterville, Ontario
46Rodney, Ontario
47Tillsonburg, Ontario
48Wellesley, Ontario
49New Dundee, Ontario
50Waterloo, Ontario
51Seaforth, Ontario
52Petrolia, Ontario
53Kitchener, Ontario
54Springfield, Ontario


Product Popularity for Lucan


Mortgage Application
Form Type
  Percentage
of Inquiries
Renewal: 20.0%
Purchase: 20.0%
No Money Down: 20.0%
First-time Buyer: 20.0%
Refinance: 10.0%
Qualification: 10.0%
 
Total Application Types Found: 6
 Lucan Mortgage Product Popularity Pie Chart

Age Demographics for Lucan Applicants

Average age: 35
Oldest age: 61
Youngest age: 24


Incomes for Lucan Applicants

The following depicts the average income of Canadians living in Lucan who have submitted a mortgage inquiry using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Lucan: $52,768.00
applicants within all of Canada: $59,498.47
Difference: ($6,730.47)
  
mortgage co-applicants in Lucan: $47,400.00
co-applicants within all of Canada: $42,403.13
Difference: $4,996.87

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

Residential Status for Lucan Mortgage Applicants

The following table represents the residential status of people living in Lucan who have submitted an inquiry using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 30.0%
Own: 30.0%
Other: 10.0%
No Comment: 20.0%
Live with parents: 10.0%
Lucan Residential Status Pie Chart

Marital Status for Lucan Mortgage Applicants

The following pie chart represents the marital status of applicants from Lucan, Ontario using the preapproval application found at canequity.com. In Lucan, over 50% of the mortgage applicants are living common-law or married, while only 50% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Common-law: 30.0%
Separated: 20.0%
Single: 20.0%
Married: 20.0%
Divorced: 10.0%
Lucan Marital Status Pie Chart