Westbank Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2009: | 20.59% | 0.02% |
| 2008: | 11.77% | 0.01% |
| 2007: | 17.65% | 0.01% |
| 2006: | 5.88% | 0.01% |
| 2005: | 11.77% | 0.01% |
| 2004: | 11.77% | 0.01% |
| 2003: | 5.88% | 0.01% |
| 2002: | 14.71% | 0.01% |
The data below displays the busy days for online applications that were received by our web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Westbank the busiest day of the week, with 26.47% of all applications, is Monday. In comparison, Thursday's are the slowest day with only 2.94% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Monday: | 26.5% | |
| 2: | Tuesday: | 26.5% | |
| 3: | Wednesday: | 23.5% | |
| 4: | Friday: | 8.8% | |
| 5: | Sunday: | 5.9% | |
| 6: | Saturday: | 5.9% | |
| 7: | Thursday: | 2.9% |
Mortgage applications are received 24 hours a day from our 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.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 01:00 to 01:59: | 2.9% |
| 02:00 to 02:59: | 2.9% |
| 03:00 to 03:59: | 2.9% |
| 06:00 to 06:59: | 2.9% |
| 07:00 to 07:59: | 8.8% |
| 08:00 to 08:59: | 2.9% |
| 10:00 to 10:59: | 2.9% |
| 11:00 to 11:59: | 2.9% |
| 12:00 to 12:59: | 5.9% |
| 13:00 to 13:59: | 2.9% |
| 14:00 to 14:59: | 2.9% |
| 15:00 to 15:59: | 17.6% |
| 17:00 to 17:59: | 5.9% |
| 18:00 to 18:59: | 5.9% |
| 19:00 to 19:59: | 2.9% |
| 20:00 to 20:59: | 8.8% |
| 22:00 to 22:59: | 8.8% |
| 23:00 to 23:59: | 8.8% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.11% |
| British Columbia: | 10.88% |
| Manitoba: | 2.10% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.14% |
| Nova Scotia: | 2.90% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.08% |
| Ontario: | 48.83% |
| Prince Edward Island: | 0.44% |
| Quebec: | 4.14% |
| Saskatchewan: | 5.07% |
| Yukon Territories: | 0.26% |
| Location | Contribution | |
|---|---|---|
| 025: | PORT COQUITLAM, BC | 0.092% |
| 026: | SALMON ARM, BC | 0.085% |
| 027: | DUNCAN, BC | 0.082% |
| 028: | MISSION, BC | 0.082% |
| 029: | TERRACE, BC | 0.080% |
| 030: | WESTBANK, BC | 0.080% |
| 031: | NELSON, BC | 0.078% |
| 032: | CRANBROOK, BC | 0.075% |
| 033: | WILLIAMS LAKE, BC | 0.066% |
| 034: | PORT MOODY, BC | 0.066% |
| 035: | PARKSVILLE, BC | 0.061% |
| 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: | 26.5% | |
| Refinance: | 20.6% | |
| Renewal: | 17.6% | |
| First-time Buyer: | 17.6% | |
| Purchase: | 8.8% | |
| No Money Down: | 5.9% | |
| Low Doc: | 2.9% | |
| Total Application Types Found: 7 | ||
Average age: 45
Oldest age: 71
Youngest age: 25
The amounts below are the average income of Canadians living in Westbank who have applied for a home loan using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Westbank: | $44,333.73 |
| applicants within all of Canada: | $58,581.24 |
| Difference: | ($14,247.52) |
| mortgage co-applicants in Westbank: | $31,260.06 |
| co-applicants within all of Canada: | $41,209.57 |
| Difference: | ($9,949.51) |
The following depicts the residential status of people living in Westbank who have applied for a mortgage using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 29.4% | |
| Own: | 64.7% | |
| No Comment: | 5.9% |
The following table and pie chart represents the marital status of applicants from Westbank, British Columbia using the online mortgage application located at the CanEquity web site. In Westbank, approximately 70% of the mortgage applicants are either married or living common-law, while only 26% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 67.6% | |
| Single: | 14.7% | |
| Divorced: | 11.8% | |
| Common-law: | 2.9% | |
| Widowed: | 2.9% |
