North Saanich Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2009: | 12.50% | 0.00% |
| 2008: | 12.50% | 0.00% |
| 2007: | 25.00% | 0.01% |
| 2006: | 12.50% | 0.00% |
| 2005: | 12.50% | 0.00% |
| 2004: | 12.50% | 0.00% |
| 2003: | 12.50% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 087: | WINFIELD, BC | 0.021% |
| 088: | PEMBERTON, BC | 0.019% |
| 089: | CLEARWATER, BC | 0.019% |
| 090: | HOUSTON, BC | 0.019% |
| 091: | UCLUELET, BC | 0.019% |
| 092: | NORTH SAANICH, BC | 0.019% |
| 093: | FRASER LAKE, BC | 0.016% |
| 094: | OKANAGAN FALLS, BC | 0.016% |
| 095: | 100 MILE HOUSE, BC | 0.016% |
| 096: | CHASE, BC | 0.016% |
| 097: | NANOOSE BAY, BC | 0.016% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Renewal: | 37.5% | |
| Refinance: | 25.0% | |
| No Money Down: | 12.5% | |
| Transfer: | 12.5% | |
| First-time Buyer: | 12.5% | |
| Total Application Types Found: 5 | ||
Average age: 42
Oldest age: 60
Youngest age: 24
The numbers below represent the average income of applicants living in North Saanich who have applied for a loan using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in North Saanich: | $81,858.50 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | $23,276.11 |
| mortgage co-applicants in North Saanich: | $32,800.00 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | ($8,425.82) |
Since the average income of North Saanich is much 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 North Saanich: | $71,934.00 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | $13,351.61 |
The following table represents the residential status of people living in North Saanich who have submitted a mortgage inquiry using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 12.5% | |
| Own: | 75.0% | |
| Live with parents: | 12.5% |
The information below shows the marital status of applicants from North Saanich, British Columbia using the mortgage application located at the CanEquity web site. Over 87% of the mortgage applicants are living common-law or married, while only 12% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 75.0% | |
| Common-law: | 12.5% | |
| Single: | 12.5% |
