Bishops Falls Mortgages

Newfoundland and Labrador Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages from Bishops Falls

Year	Year to Year Comparison	** National Contribution
2011:	28.57%	0.00%
2010:	14.29%	0.00%
2009:	14.29%	0.00%
2008:	14.29%	0.00%
2007:	14.29%	0.00%
2005:	14.29%	0.00%

Note: ** Total national contribution of Bishops Falls mortgages in the past is currently 0.01% with a projected target of 0.01%.

Current City Standing within Newfoundland and Labrador

	Location	Contribution
012:	CLARENVILLE, NL	0.015%
013:	TORBAY, NL	0.013%
014:	DEER LAKE, NL	0.013%
015:	NORTH WEST RIVER, NL	0.013%
016:	HOLYROOD, NL	0.013%
017:	BISHOPS FALLS, NL	0.013%
018:	STEPHENVILLE, NL	0.011%
019:	PASADENA, NL	0.011%
020:	CARBONEAR, NL	0.011%
021:	LEWISPORTE, NL	0.011%
022:	BAIE VERTE, NL	0.009%

Nearest Settlements

1	Grand Falls-Windsor, Newfoundland and Labrador
2	Lewisporte, Newfoundland and Labrador
3	Bay Of Islands, Newfoundland and Labrador

4	Gander, Newfoundland and Labrador
5	South Brook Gb, Newfoundland and Labrador

Product Popularity for Bishops Falls

Mortgage Application Form Type		Percentage of Inquiries
Qualification:		28.6%
No Money Down:		28.6%
Refinance:		14.3%
Purchase:		14.3%
First-time Buyer:		14.3%

Total Application Types Found: 5

Bishops Falls Mortgage Product Popularity Pie Chart

Age Demographics for Bishops Falls Originated Mortgages

Average age: 30
Oldest age: 40
Youngest age: 19

Incomes for Bishops Falls Originated Mortgages

The amounts below are the average income of Canadians living in Bishops Falls who have applied for a mortgage loan using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Bishops Falls:	$35,928.57
applicants within all of Canada:	$59,498.47
Difference:	($23,569.89)

Note: Commercial Mortgage loans were not included for this report, only residential loans from Bishops Falls, Newfoundland and Labrador were used.

Residential Status for Bishops Falls Mortgage Applicants

The following table represents the residential status of people living in Bishops Falls who have submitted an inquiry using CanEquity's preapproval application.

Residential Status of Mortgage Applicant		Percentage of Inquiries
Rent:		85.7%
Own:		14.3%

Bishops Falls Residential Status Pie Chart

Marital Status for Bishops Falls Mortgage Applicants

The following table and pie chart represents the marital status of applicants from Bishops Falls, Newfoundland and Labrador using the online mortgage application found on canequity.com. In Bishops Falls, approximately 71% of the mortgage applicants are living with someone, while only 28% are not married or separated.

Marital Status of Mortgage Applicant		Percentage of Inquiries
Married:		71.4%
Single:		28.6%