Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Elkford: Wednesday, February 8, 2012   
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Elkford Mortgages

British Columbia Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Originating from Elkford

Year Year to Year
Comparison
** National
Contribution
2011: 33.33% 0.01%
2010: 11.11% 0.00%
2009: 11.11% 0.00%
2008: 11.11% 0.00%
2007: 11.11% 0.00%
2005: 11.11% 0.00%
2002: 11.11% 0.00%

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

Current City Standing within British Columbia


Location Contribution
090:  SAANICHTON, BC 0.019%
091:  NANOOSE BAY, BC 0.019%
092:  NORTH SAANICH, BC 0.019%
093:  SALMO, BC 0.017%
094:  PEMBERTON, BC 0.017%
095:  ELKFORD, BC 0.017%
096:  100 MILE HOUSE, BC 0.017%
097:  PENDER ISLAND, BC 0.017%
098:  WINFIELD, BC 0.017%
099:  CHETWYND, BC 0.015%
100:  CLEARWATER, BC 0.015%

Nearest Settlements


1Fairmont Hot Springs, British Columbia
2Sparwood, British Columbia
3Marysville, British Columbia
4Kimberley, British Columbia


Product Popularity for Elkford


Mortgage Application
Form Type
  Percentage
of Inquiries
Purchase: 22.2%
Qualification: 22.2%
First-time Buyer: 22.2%
Refinance: 11.1%
Equity Mortgage: 11.1%
Transfer: 11.1%
 
Total Application Types Found: 6
 Elkford Mortgage Product Popularity Pie Chart

Age Demographics for Elkford Mortgage Applicants

Average age: 40
Oldest age: 57
Youngest age: 28


Incomes for Elkford Mortgage Applicants

The information below represents the average income of applicants living in Elkford who have submitted an inquiry using CanEquity's online mortgage application.

Average annual gross income for
mortgage applicants in Elkford: $81,287.50
applicants within all of Canada: $59,498.47
Difference: $21,789.03
  

Since the average income of Elkford 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 Elkford: $88,000.00
applicants within all of Canada: $59,498.47
Difference: $28,501.53

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

Residential Status for Elkford Mortgage Applicants

The following depicts the residential status of people living in Elkford who have applied for a home loan using the CanEquity mortgage application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 44.4%
Own: 44.4%
No Comment: 11.1%
Elkford Residential Status Pie Chart

Marital Status for Elkford Mortgage Applicants

The following pie chart represents the marital status of applicants from Elkford, British Columbia using the mortgage application found on canequity.com. In Elkford, 88% of the mortgage applicants are living together with someone, while only 11% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 88.9%
Single: 11.1%
Elkford Marital Status Pie Chart