Salt Spring Island Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2009: | 7.14% | 0.00% |
| 2008: | 7.14% | 0.00% |
| 2007: | 14.29% | 0.01% |
| 2006: | 21.43% | 0.01% |
| 2005: | 21.43% | 0.01% |
| 2003: | 14.29% | 0.01% |
| 2002: | 14.29% | 0.01% |
| Location | Contribution | |
|---|---|---|
| 059: | QUESNEL, BC | 0.038% |
| 060: | GRAND FORKS, BC | 0.038% |
| 061: | SUMMERLAND, BC | 0.038% |
| 062: | GIBSONS, BC | 0.035% |
| 063: | HOPE, BC | 0.035% |
| 064: | SALT SPRING ISLAND, BC | 0.033% |
| 065: | QUALICUM BEACH, BC | 0.031% |
| 066: | FERNIE, BC | 0.031% |
| 067: | SMITHERS, BC | 0.031% |
| 068: | OSOYOOS, BC | 0.028% |
| 069: | VANDERHOOF, BC | 0.026% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 28.6% | |
| Qualification: | 14.3% | |
| No Money Down: | 14.3% | |
| Equity Mortgage: | 14.3% | |
| Fixed Rate: | 7.1% | |
| First-time Buyer: | 7.1% | |
| Renewal: | 7.1% | |
| Variable Rate: | 7.1% | |
| Total Application Types Found: 8 | ||
Average age: 44
Oldest age: 72
Youngest age: 26
The amounts below are the average income of Canadians living in Salt Spring Island who have submitted an inquiry using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Salt Spring Island: | $61,446.15 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | $2,863.77 |
| mortgage co-applicants in Salt Spring Island: | $29,000.00 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | ($12,225.82) |
The following depicts the residential status of people living in Salt Spring Island who have applied for a loan using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 28.6% | |
| Own: | 64.3% | |
| No Comment: | 7.1% |
The following information represents the marital status of applicants from Salt Spring Island, British Columbia using the mortgage preapproval application found at the CanEquity web site. 71% of the mortgage applicants are either married or living common-law, while only 21% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 57.1% | |
| Separated: | 14.3% | |
| Common-law: | 14.3% | |
| Widowed: | 7.1% | |
| Single: | 7.1% |
