Salt Spring Island Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 7.69% | * 0.00% |
| 2007: | 15.39% | 0.01% |
| 2006: | 23.08% | 0.01% |
| 2005: | 23.08% | 0.01% |
| 2003: | 15.39% | 0.01% |
| 2002: | 15.39% | 0.01% |
| Location | Contribution | |
|---|---|---|
| 047: | SPARWOOD, BC | 0.046% |
| 048: | MERRITT, BC | 0.046% |
| 049: | POWELL RIVER, BC | 0.046% |
| 050: | SQUAMISH, BC | 0.046% |
| 051: | WEST VANCOUVER, BC | 0.046% |
| 052: | SALT SPRING ISLAND, BC | 0.043% |
| 053: | KIMBERLEY, BC | 0.043% |
| 054: | AGASSIZ, BC | 0.043% |
| 055: | PRINCE RUPERT, BC | 0.043% |
| 056: | GRAND FORKS, BC | 0.040% |
| 057: | COMOX, BC | 0.040% |
| 8 | Cobble Hill, British Columbia |
| 9 | Brentwood Bay, British Columbia |
| 10 | Chemainus, British Columbia |
| 11 | Ladysmith, British Columbia |
| 12 | Mill Bay, British Columbia |
| 13 | Victoria, British Columbia |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 30.8% | |
| Qualification: | 15.4% | |
| No Money Down: | 15.4% | |
| Fixed Rate: | 7.7% | |
| First-time Buyer: | 7.7% | |
| Renewal: | 7.7% | |
| Equity Mortgage: | 7.7% | |
| Variable Rate: | 7.7% | |
| Total Application Types Found: 8 | ||
Average age: 42
Oldest age: 63
Youngest age: 26
The amounts below are the average income of applicants living in Salt Spring Island who have submitted an inquiry using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Salt Spring Island: | $62,816.67 |
| applicants within all of Canada: | $56,384.30 |
| Difference: | $6,432.37 |
| mortgage co-applicants in Salt Spring Island: | $29,000.00 |
| co-applicants within all of Canada: | $39,375.53 |
| Difference: | ($10,375.53) |
The following table represents the residential status of people living in Salt Spring Island who have submitted an inquiry using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 23.1% | |
| Own: | 69.2% | |
| No Comment: | 7.7% |
The following table and pie chart represents the marital status of applicants from Salt Spring Island, British Columbia using the online mortgage application located at canequity.com. In Salt Spring Island, approximately 76% of the mortgage applicants are living common-law or married, while only 23% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 61.5% | |
| Separated: | 15.4% | |
| Common-law: | 15.4% | |
| Single: | 7.7% |
