Sydney Mines Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 12.50% | * 0.00% |
| 2009: | 25.00% | 0.01% |
| 2008: | 12.50% | 0.00% |
| 2007: | 12.50% | 0.00% |
| 2006: | 12.50% | 0.00% |
| 2005: | 12.50% | 0.00% |
| 2003: | 12.50% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 022: | TIMBERLEA, NS | 0.026% |
| 023: | CENTREVILLE, NS | 0.023% |
| 024: | WINDSOR, NS | 0.023% |
| 025: | STELLARTON, NS | 0.021% |
| 026: | MIDDLETON, NS | 0.021% |
| 027: | SYDNEY MINES, NS | 0.019% |
| 028: | HAMMONDS PLAINS, NS | 0.019% |
| 029: | HUBBARDS, NS | 0.019% |
| 030: | SHELBURNE, NS | 0.019% |
| 031: | SHEARWATER, NS | 0.019% |
| 032: | KINGSTON, 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: | 37.5% | |
| Qualification: | 25.0% | |
| Purchase: | 12.5% | |
| Equity Mortgage: | 12.5% | |
| No Money Down: | 12.5% | |
| Total Application Types Found: 5 | ||
Average age: 39
Oldest age: 60
Youngest age: 27
The information below represents the average income of applicants living in Sydney Mines who have applied for a home loan using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Sydney Mines: | $99,125.00 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | $40,542.61 |
| mortgage co-applicants in Sydney Mines: | $25,166.67 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | ($16,059.15) |
Since the average income of Sydney Mines is much higher than the Canadian national average, we have included the MEDIAN annual gross income for this location. 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: | $63,500.00 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | $4,917.61 |
The information below represents the residential status of people living in Sydney Mines 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: | 12.5% | |
| Own: | 87.5% |
The following information represents the marital status of applicants from Sydney Mines, Nova Scotia using the mortgage preapproval application found on the CanEquity Mortgage web site. In Sydney Mines, 87% of the mortgage applicants are living common-law or married, while only 12% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 87.5% | |
| Single: | 12.5% |
