Westbank Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 8.00% | * 0.01% |
| 2007: | 24.00% | 0.02% |
| 2006: | 8.00% | 0.01% |
| 2005: | 16.00% | 0.01% |
| 2004: | 16.00% | 0.01% |
| 2003: | 8.00% | 0.01% |
| 2002: | 20.00% | 0.02% |
The bar graph listed below compares the busy days for online applications that were received by the CanEquity web site. A combined total of all occurrences of each day are represented for the past 5 years. In Westbank the most busy day of the week, with 32.00% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 4.00% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 32.0% | |
| 2: | Tuesday: | 28.0% | |
| 3: | Wednesday: | 20.0% | |
| 4: | Friday: | 8.0% | |
| 5: | Sunday: | 4.0% | |
| 6: | Thursday: | 4.0% | |
| 7: | Saturday: | 4.0% |
In Westbank, inquiries are received 24 hours a day from the CanEquity web site. The report shown below indicates the busy hours within a 24-hour period. The data is taken from all days of all years. Only 24.0% of all mortgages are received during the morning, while 68.0% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 02:00 to 02:59: | 4.0% |
| 03:00 to 03:59: | 4.0% |
| 06:00 to 06:59: | 4.0% |
| 07:00 to 07:59: | 8.0% |
| 08:00 to 08:59: | 4.0% |
| 10:00 to 10:59: | 4.0% |
| 11:00 to 11:59: | 4.0% |
| 12:00 to 12:59: | 4.0% |
| 14:00 to 14:59: | 4.0% |
| 15:00 to 15:59: | 16.0% |
| 17:00 to 17:59: | 8.0% |
| 18:00 to 18:59: | 4.0% |
| 19:00 to 19:59: | 4.0% |
| 20:00 to 20:59: | 12.0% |
| 22:00 to 22:59: | 8.0% |
| 23:00 to 23:59: | 8.0% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.08% |
| British Columbia: | 11.39% |
| Manitoba: | 2.10% |
| New Brunswick: | 2.02% |
| Newfoundland and Labrador: | 1.16% |
| Nova Scotia: | 2.80% |
| Northwest Territories: | 0.30% |
| Nunavut: | 0.09% |
| Ontario: | 48.59% |
| Prince Edward Island: | 0.38% |
| Quebec: | 3.80% |
| Saskatchewan: | 5.56% |
| Yukon Territories: | 0.21% |
| Location | Contribution | |
|---|---|---|
| 025: | PORT ALBERNI, BC | 0.097% |
| 026: | CAMPBELL RIVER, BC | 0.093% |
| 027: | PORT COQUITLAM, BC | 0.093% |
| 028: | COURTENAY, BC | 0.090% |
| 029: | NELSON, BC | 0.084% |
| 030: | WESTBANK, BC | 0.081% |
| 031: | CRANBROOK, BC | 0.077% |
| 032: | TERRACE, BC | 0.074% |
| 033: | SECHELT, BC | 0.068% |
| 034: | WILLIAMS LAKE, BC | 0.068% |
| 035: | LADYSMITH, BC | 0.068% |
| 9 | Oyama, British Columbia |
| 10 | Princeton, British Columbia |
| 11 | Penticton, British Columbia |
| 12 | Vernon, British Columbia |
| 13 | Coldstream, British Columbia |
| 14 | Beaverdell, British Columbia |
| 15 | Armstrong, British Columbia |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 24.0% | |
| First-time Buyer: | 24.0% | |
| Renewal: | 16.0% | |
| Refinance: | 16.0% | |
| Purchase: | 12.0% | |
| No Money Down: | 8.0% | |
| Total Application Types Found: 6 | ||
Average age: 44
Oldest age: 67
Youngest age: 25
The numbers below represent the average income of Canadians living in Westbank who have applied for a loan using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Westbank: | $39,784.80 |
| applicants within all of Canada: | $56,539.94 |
| Difference: | ($16,755.14) |
| mortgage co-applicants in Westbank: | $30,964.29 |
| co-applicants within all of Canada: | $39,480.41 |
| Difference: | ($8,516.12) |
The chart and pie-graph below depicts the residential status of people living in Westbank who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 36.0% | |
| Own: | 56.0% | |
| No Comment: | 8.0% |
The pie chart below represents the marital status of applicants from Westbank, British Columbia using the mortgage application located at canequity.com. In Westbank, approximately 68% of the mortgage applicants are living common-law or married, while only 28% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 64.0% | |
| Single: | 16.0% | |
| Divorced: | 12.0% | |
| Common-law: | 4.0% | |
| Widowed: | 4.0% |
