Paradise Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 6.25% | * 0.00% |
| 2009: | 12.50% | 0.01% |
| 2007: | 31.25% | 0.01% |
| 2006: | 6.25% | 0.00% |
| 2005: | 12.50% | 0.01% |
| 2004: | 6.25% | 0.00% |
| 2003: | 18.75% | 0.01% |
| 2002: | 6.25% | 0.00% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.11% |
| British Columbia: | 10.86% |
| Manitoba: | 2.09% |
| New Brunswick: | 2.11% |
| Newfoundland and Labrador: | 1.15% |
| Nova Scotia: | 2.91% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.08% |
| Ontario: | 48.83% |
| Prince Edward Island: | 0.44% |
| Quebec: | 4.15% |
| Saskatchewan: | 5.06% |
| Yukon Territories: | 0.26% |
| Location | Contribution | |
|---|---|---|
| 001: | ST JOHN'S, NL | 0.316% |
| 002: | MOUNT PEARL, NL | 0.089% |
| 003: | CORNER BROOK, NL | 0.084% |
| 004: | CONCEPTION BAY SOUTH, NL | 0.045% |
| 005: | PARADISE, NL | 0.037% |
| 006: | PORTUGAL COVE-ST PHILIPS, NL | 0.035% |
| 007: | GRAND FALLS-WINDSOR, NL | 0.035% |
| 008: | GANDER, NL | 0.035% |
| 009: | HAPPY VALLEY-GOOSE BAY, NL | 0.016% |
| 010: | LABRADOR CITY, NL | 0.016% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 25.0% | |
| Renewal: | 18.8% | |
| Purchase: | 12.5% | |
| Qualification: | 12.5% | |
| Pre-approval: | 12.5% | |
| First-time Buyer: | 12.5% | |
| No Money Down: | 6.3% | |
| Total Application Types Found: 7 | ||
Average age: 34
Oldest age: 45
Youngest age: 23
The amounts shown below represent the average income of applicants living in Paradise who have submitted a mortgage inquiry using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Paradise: | $59,327.50 |
| applicants within all of Canada: | $58,592.40 |
| Difference: | $735.10 |
| mortgage co-applicants in Paradise: | $38,915.00 |
| co-applicants within all of Canada: | $41,278.89 |
| Difference: | ($2,363.89) |
The pie chart below shows the residential status of people living in Paradise who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 18.8% | |
| Own: | 75.0% | |
| No Comment: | 6.3% |
The information below shows the marital status of applicants from Paradise, Newfoundland and Labrador using the online mortgage application found at canequity.com. In Paradise, approximately 93% of the mortgage applicants are living common-law or married, while only 6% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 87.5% | |
| Common-law: | 6.3% | |
| Single: | 6.3% |
