Provost Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 40.00% | * 0.01% |
| 2007: | 20.00% | 0.00% |
| 2006: | 20.00% | 0.00% |
| 2004: | 20.00% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 095: | COALHURST, AB | 0.017% |
| 096: | PICTURE BUTTE, AB | 0.017% |
| 097: | GIBBONS, AB | 0.017% |
| 098: | BRAGG CREEK, AB | 0.017% |
| 099: | RED DEER COUNTY, AB | 0.017% |
| 100: | PROVOST, AB | 0.017% |
| 101: | CORONATION, AB | 0.017% |
| 102: | GRIMSHAW, AB | 0.017% |
| 103: | EVANSBURG, AB | 0.017% |
| 104: | SEXSMITH, AB | 0.013% |
| 105: | FORESTBURG, AB | 0.013% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 60.0% | |
| Refinance: | 20.0% | |
| First-time Buyer: | 20.0% | |
| Total Application Types Found: 3 | ||
Average age: 36
Oldest age: 45
Youngest age: 27
The following figures show the average income of people living in Provost who have applied for a home loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Provost: | $86,238.60 |
| applicants within all of Canada: | $56,395.43 |
| Difference: | $29,843.17 |
Since the average income of Provost is notability higher than the national average, we have included the MEDIAN annual gross income for this area. 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 Provost: | $80,000.00 |
| applicants within all of Canada: | $56,395.43 |
| Difference: | $23,604.57 |
The table and pie chart below represents the residential status of people living in Provost who have applied for a mortgage using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 40.0% | |
| Own: | 60.0% |
The following table and pie chart represents the marital status of applicants from Provost, Alberta using the online mortgage application located at canequity.com. In Provost, over 80% of the mortgage applicants are living common-law or married, while only 20% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 80.0% | |
| Single: | 20.0% |
