Vermilion Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2007: | 66.67% | 0.01% |
| 2006: | 33.33% | 0.01% |
| Location | Contribution | |
|---|---|---|
| 088: | THORSBY, AB | 0.020% |
| 089: | MAYERTHORPE, AB | 0.020% |
| 090: | RAYMOND, AB | 0.020% |
| 091: | BLACKFALDS, AB | 0.020% |
| 092: | ALBERTA BEACH, AB | 0.020% |
| 093: | VERMILION, AB | 0.020% |
| 094: | BOWDEN, AB | 0.020% |
| 095: | COALHURST, AB | 0.017% |
| 096: | PICTURE BUTTE, AB | 0.017% |
| 097: | GIBBONS, AB | 0.017% |
| 098: | BRAGG CREEK, AB | 0.017% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 50.0% | |
| Qualification: | 33.3% | |
| Pre-approval: | 16.7% | |
| Total Application Types Found: 3 | ||
Average age: 40
Oldest age: 50
Youngest age: 28
The figures below represent the average income of people living in Vermilion who have applied for a home loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Vermilion: | $80,068.33 |
| applicants within all of Canada: | $56,395.43 |
| Difference: | $23,672.90 |
Since the average income of Vermilion is substantially higher than the Canadian 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 Vermilion: | $52,000.00 |
| applicants within all of Canada: | $56,395.43 |
| Difference: | ($4,395.43) |
The information shown below represents the residential status of people living in Vermilion 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: | 66.7% | |
| Own: | 16.7% | |
| Other: | 16.7% |
The following table and pie chart represents the marital status of applicants from Vermilion, Alberta using the mortgage application located at the CanEquity web site. Over 66% of the mortgage applicants are living with someone, while only 33% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 66.7% | |
| Separated: | 16.7% | |
| Single: | 16.7% |
