Salmon Arm Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 5.56% | * 0.01% |
| 2009: | 11.11% | 0.01% |
| 2008: | 5.56% | 0.01% |
| 2007: | 16.67% | 0.01% |
| 2006: | 16.67% | 0.01% |
| 2005: | 11.11% | 0.01% |
| 2004: | 11.11% | 0.01% |
| 2003: | 13.89% | 0.01% |
| 2002: | 8.33% | 0.01% |
The bar graph listed below shows the busy days for online applications that were received by the CanEquity web site. Each day is a representation of the combined 6-year total of all instances of that day. In Salmon Arm, the day with the most volume, having more than 22.22% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 5.56% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 22.2% | |
| 2: | Wednesday: | 22.2% | |
| 3: | Tuesday: | 19.4% | |
| 4: | Friday: | 11.1% | |
| 5: | Sunday: | 11.1% | |
| 6: | Thursday: | 8.3% | |
| 7: | Saturday: | 5.6% |
Salmon Arm mortgage applications are received 24 hours a day on the CanEquity web site. The following represents the peak hours in the day. The data is taken from all days of all years. Only 22.2% of all mortgages are received before noon, while 72.2% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 2.8% |
| 02:00 to 02:59: | 2.8% |
| 07:00 to 07:59: | 2.8% |
| 08:00 to 08:59: | 2.8% |
| 09:00 to 09:59: | 2.8% |
| 10:00 to 10:59: | 8.3% |
| 11:00 to 11:59: | 5.6% |
| 12:00 to 12:59: | 8.3% |
| 13:00 to 13:59: | 5.6% |
| 14:00 to 14:59: | 8.3% |
| 15:00 to 15:59: | 2.8% |
| 16:00 to 16:59: | 11.1% |
| 17:00 to 17:59: | 5.6% |
| 18:00 to 18:59: | 5.6% |
| 19:00 to 19:59: | 2.8% |
| 21:00 to 21:59: | 5.6% |
| 22:00 to 22:59: | 8.3% |
| 23:00 to 23:59: | 8.3% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.11% |
| British Columbia: | 10.86% |
| Manitoba: | 2.09% |
| New Brunswick: | 2.11% |
| Newfoundland and Labrador: | 1.15% |
| Nova Scotia: | 2.91% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.08% |
| Ontario: | 48.83% |
| Prince Edward Island: | 0.44% |
| Quebec: | 4.15% |
| Saskatchewan: | 5.06% |
| Yukon Territories: | 0.26% |
| Location | Contribution | |
|---|---|---|
| 021: | PENTICTON, BC | 0.112% |
| 022: | PORT ALBERNI, BC | 0.103% |
| 023: | CAMPBELL RIVER, BC | 0.098% |
| 024: | COURTENAY, BC | 0.091% |
| 025: | PORT COQUITLAM, BC | 0.091% |
| 026: | SALMON ARM, BC | 0.084% |
| 027: | DUNCAN, BC | 0.082% |
| 028: | MISSION, BC | 0.082% |
| 029: | TERRACE, BC | 0.080% |
| 030: | WESTBANK, BC | 0.080% |
| 031: | NELSON, BC | 0.080% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 44.4% | |
| Refinance: | 16.7% | |
| First-time Buyer: | 13.9% | |
| No Money Down: | 8.3% | |
| Pre-approval: | 8.3% | |
| Renewal: | 2.8% | |
| Purchase: | 2.8% | |
| Variable Rate: | 2.8% | |
| Total Application Types Found: 8 | ||
Average age: 39
Oldest age: 68
Youngest age: 22
The following figures show the average income of people living in Salmon Arm who have applied for a loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Salmon Arm: | $48,498.44 |
| applicants within all of Canada: | $58,592.40 |
| Difference: | ($10,093.96) |
| mortgage co-applicants in Salmon Arm: | $28,225.00 |
| co-applicants within all of Canada: | $41,278.89 |
| Difference: | ($13,053.89) |
The following depicts the residential status of people living in Salmon Arm who have submitted an inquiry using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 55.6% | |
| Own: | 36.1% | |
| Other: | 2.8% | |
| No Comment: | 5.6% |
The following table and pie chart represents the marital status of applicants from Salmon Arm, British Columbia using the mortgage application found at canequity.com. In Salmon Arm, over 52% of the mortgage applicants are living together with someone, while only 47% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 36.1% | |
| Single: | 30.6% | |
| Common-law: | 16.7% | |
| Divorced: | 8.3% | |
| Separated: | 8.3% |
