Bayfield Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 25.00% | * 0.00% |
| 2006: | 50.00% | 0.01% |
| 2004: | 25.00% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 346: | WELLESLEY, ON | 0.013% |
| 347: | OSGOODE, ON | 0.013% |
| 348: | PONTYPOOL, ON | 0.013% |
| 349: | PUSLINCH, ON | 0.013% |
| 350: | ODESSA, ON | 0.013% |
| 351: | BAYFIELD, ON | 0.013% |
| 352: | NEW LOWELL, ON | 0.013% |
| 353: | LUCAN, ON | 0.013% |
| 354: | WYOMING, ON | 0.013% |
| 355: | GORE BAY, ON | 0.013% |
| 356: | WESTPORT, ON | 0.013% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 50.0% | |
| Refinance: | 25.0% | |
| No Money Down: | 25.0% | |
| Total Application Types Found: 3 | ||
Average age: 43
Oldest age: 57
Youngest age: 28
The numbers below represent the average income of applicants living in Bayfield who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Bayfield: | $164,000.00 |
| applicants within all of Canada: | $56,403.93 |
| Difference: | $107,596.07 |
Since the average income of Bayfield 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 Bayfield: | $118,000.00 |
| applicants within all of Canada: | $56,403.93 |
| Difference: | $61,596.07 |
The chart and pie-graph below depicts the residential status of people living in Bayfield who have applied for a loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 25.0% | |
| Own: | 75.0% |
The following pie chart represents the marital status of applicants from Bayfield, Ontario using the preapproval application located at the CanEquity web site. Approximately 75% of the mortgage applicants are living together with someone, while only 0% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 75.0% | |
| Widowed: | 25.0% |
