Elk Point Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2009: | 28.57% | 0.01% |
| 2008: | 28.57% | 0.01% |
| 2007: | 14.29% | 0.00% |
| 2005: | 14.29% | 0.00% |
| 2003: | 14.29% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 097: | GRIMSHAW, AB | 0.019% |
| 098: | VULCAN, AB | 0.016% |
| 099: | SEXSMITH, AB | 0.016% |
| 100: | TURNER VALLEY, AB | 0.016% |
| 101: | MAYERTHORPE, AB | 0.016% |
| 102: | ELK POINT, AB | 0.016% |
| 103: | CORONATION, AB | 0.016% |
| 104: | LAKE LOUISE, AB | 0.016% |
| 105: | MYRNAM, AB | 0.016% |
| 106: | COALHURST, AB | 0.014% |
| 107: | BRAGG CREEK, AB | 0.014% |
| 1 | St Paul, Alberta |
| 2 | Marwayne, Alberta |
| 3 | Islay, Alberta |
| 4 | Bonnyville, Alberta |
| 5 | Glendon, Alberta |
| 6 | Kitscoty, Alberta |
| 7 | Myrnam, Alberta |
| 8 | Ardmore, Alberta |
| 9 | Mannville, Alberta |
| 10 | Onion Lake, Saskatchewan |
| 11 | Lloydminster, Alberta |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 42.9% | |
| Purchase: | 14.3% | |
| Qualification: | 14.3% | |
| Investment: | 14.3% | |
| First-time Buyer: | 14.3% | |
| Total Application Types Found: 5 | ||
Average age: 49
Oldest age: 68
Youngest age: 35
The amounts below are the average income of people living in Elk Point who have applied for a home loan using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Elk Point: | $87,433.33 |
| applicants within all of Canada: | $58,581.24 |
| Difference: | $28,852.09 |
Since the average income of Elk Point is much higher than the Canadian 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 Elk Point: | $82,800.00 |
| applicants within all of Canada: | $58,581.24 |
| Difference: | $24,218.76 |
The chart and pie-graph below depicts the residential status of people living in Elk Point who have submitted a mortgage inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 28.6% | |
| Own: | 57.1% | |
| No Comment: | 14.3% |
The information below shows the marital status of applicants from Elk Point, Alberta using the online mortgage application found at the CanEquity web site. In Elk Point, over 85% of the mortgage applicants are living together with someone, while only 14% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 85.7% | |
| Divorced: | 14.3% |
