Our brokers are licensed: FSCO #12291, RECA Authorized, BC Mortgage #X028126,
SK Mortgage #12291, and all other provinces
 
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Current City Standing within Alberta

RankLocation Contribution
94:THORSBY, AB 0.018%
95:BLACK DIAMOND, AB 0.018%
96:COALHURST, AB 0.016%
97:CAROLINE, AB 0.016%
98:SEXSMITH, AB 0.016%
99:BRAGG CREEK, AB 0.016%
100:GLENDON, AB 0.016%
101:BRUDERHEIM, AB 0.016%
102:BLACKIE, AB 0.016%
103:LAMONT, AB 0.016%
104:ALBERTA BEACH, AB 0.016%


Age Demographics for Bragg Creek Mortgages

Average age: 45
Oldest age: 55
Youngest age: 35


Incomes for Bragg Creek Mortgages

The figures below represent the average income of people living in Bragg Creek who have submitted a mortgage inquiry using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Bragg Creek: $94,888.89
applicants within all of Canada: $60,503.19
Difference: $34,385.70
  
mortgage co-applicants in Bragg Creek: $78,160.00
co-applicants within all of Canada: $43,699.18
Difference: $34,460.82

Since the average income of Bragg Creek is much higher than the national average, we have included the MEDIAN annual gross income for this location. 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 Bragg Creek: $72,000.00
applicants within all of Canada: $60,503.19
Difference: $11,496.81

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

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Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Milton.

Mortgage Product Type Inquiries
Refinance/Consolidate Debt20.00%
First-time Home Buyer19.31%
Mortgage Pre-approval15.86%
New Purchase15.86%
No Money Down discontinued11.03%
Mortgage Renewal11.03%
Other6.9%
 
Did you know? The average home loan in Strathroy is: Discover many more facts and statistics exclusively here at CanEquity Mortgage.
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