Last report update for Gander: Tuesday, May 6, 2008
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Gander Mortgage
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Related Links:
Bay Of Islands
Bishops Falls
Grand Falls-Windsor
Lewisporte

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Gander Mortgages

Newfoundland and Labrador Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Mortgages from Gander

Year Year to Year
Comparison
** National
Contribution
2008: * 18.18% * 0.01%
2007: 36.36% 0.01%
2006: 27.27% 0.01%
2003: 9.09% 0.00%
2002: 9.09% 0.00%

Note: * These values are the percentages up to Tuesday, May 6, 2008. Estimated volume targets for the entire 2008 year are 45.45% and 0.02% respectively. ** Total national contribution of Gander mortgages in the past is currently 0.04% with a projected target of 0.05%.

Current City Standing within Newfoundland and Labrador


Location Contribution
003:  CORNER BROOK, NL 0.066%
004:  CONCEPTION BAY SOUTH, NL 0.050%
005:  PORTUGAL COVE-ST PHILIPS, NL 0.043%
006:  GRAND FALLS-WINDSOR, NL 0.043%
007:  PARADISE, NL 0.043%
008:  GANDER, NL 0.037%
009:  LABRADOR CITY, NL 0.017%
010:  TORBAY, NL 0.017%
011:  DEER LAKE, NL 0.017%
012:  HOLYROOD, NL 0.013%
013:  GOULDS, NL 0.013%

Nearest Settlements


1Lewisporte, Newfoundland and Labrador
2Bay Of Islands, Newfoundland and Labrador
3Bishops Falls, Newfoundland and Labrador
4Grand Falls-Windsor, Newfoundland and Labrador


Product Popularity for Gander


Mortgage Application
Form Type
  Percentage
of Inquiries
Refinance: 36.4%
First-time Buyer: 27.3%
Qualification: 18.2%
No Money Down: 9.1%
Pre-approval: 9.1%
 
Total Application Types Found: 5
 Gander Mortgage Product Popularity Pie Chart

Age Demographics for Gander Mortgages

Average age: 36
Oldest age: 57
Youngest age: 25


Incomes for Gander Mortgages

The following depicts the average income of Canadians living in Gander who have applied for a loan using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Gander: $46,864.55
applicants within all of Canada: $56,347.50
Difference: ($9,482.95)
  
mortgage co-applicants in Gander: $21,571.43
co-applicants within all of Canada: $39,330.70
Difference: ($17,759.27)

Note: Commercial Mortgage loans were not included for this section, only residential loans were used.

Residential Status for Gander Mortgages

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

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 36.4%
Own: 45.5%
No Comment: 18.2%
Gander Residential Status Pie Chart

Marital Statistics for Gander Mortgages

The following pie chart represents the marital status of applicants from Gander, Newfoundland and Labrador using the mortgage application located at canequity.com. Over 100% of the mortgage applicants are living common-law or married, while only 0% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 90.9%
Common-law: 9.1%
Gander Marital Status Pie Chart