Sydney Mines Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 20.00% | * 0.00% |
| 2007: | 20.00% | 0.00% |
| 2006: | 20.00% | 0.00% |
| 2005: | 20.00% | 0.00% |
| 2003: | 20.00% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 026: | WINDSOR, NS | 0.023% |
| 027: | TIMBERLEA, NS | 0.023% |
| 028: | WEYMOUTH, NS | 0.019% |
| 029: | WESTVILLE, NS | 0.019% |
| 030: | ELMSDALE, NS | 0.016% |
| 031: | SYDNEY MINES, NS | 0.016% |
| 032: | HUBBARDS, NS | 0.016% |
| 033: | MAHONE BAY, NS | 0.016% |
| 034: | DIGBY, NS | 0.016% |
| 035: | LAWRENCETOWN, NS | 0.016% |
| 036: | CANNING, NS | 0.016% |
| 1 | Baddeck, Nova Scotia |
| 2 | North Sydney, Nova Scotia |
| 3 | Georges River, Nova Scotia |
| 4 | Sydney, Nova Scotia |
| 5 | Dominion, Nova Scotia |
| 6 | New Waterford, Nova Scotia |
| 7 | Reserve Mines, Nova Scotia |
| 8 | Glace Bay, Nova Scotia |
| 9 | Northside East Bay, Nova Scotia |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 40.0% | |
| Equity Mortgage: | 20.0% | |
| Qualification: | 20.0% | |
| No Money Down: | 20.0% | |
| Total Application Types Found: 4 | ||
Average age: 38
Oldest age: 60
Youngest age: 27
The following figures show the average income of people living in Sydney Mines who have applied for a mortgage loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Sydney Mines: | $119,600.00 |
| applicants within all of Canada: | $56,539.94 |
| Difference: | $63,060.06 |
| mortgage co-applicants in Sydney Mines: | $20,500.00 |
| co-applicants within all of Canada: | $39,480.41 |
| Difference: | ($18,980.41) |
Since the average income of Sydney Mines is notability higher than the national average, we have included the MEDIAN annual gross income for this area. A reason for such a high average is usually due to a high income that is just under our cut-off of acceptable incomes of <$500,000. In rare cases, some applicants may have entered an extra digit (ie. 400000 instead of 40000), which will also sway the averages in smaller areas. In such a case, we will correct the data accordingly.
| Median annual gross income for | |
|---|---|
| mortgage applicants in Sydney Mines: | $40,000.00 |
| applicants within all of Canada: | $56,539.94 |
| Difference: | ($16,539.94) |
The chart and pie-graph below depicts the residential status of people living in Sydney Mines who have applied for a mortgage using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Own: | 100.0% |
The pie chart below represents the marital status of applicants from Sydney Mines, Nova Scotia using the mortgage preapproval application located at the CanEquity web site. 100% of the mortgage applicants are living together with someone, while only 0% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 100.0% |
