Bright Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2006: | 60.00% | 0.01% |
| 2005: | 20.00% | 0.00% |
| 2004: | 20.00% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 280: | BLIND RIVER, ON | 0.020% |
| 281: | HAGERSVILLE, ON | 0.020% |
| 282: | CAESAREA, ON | 0.017% |
| 283: | LISLE, ON | 0.017% |
| 284: | METCALFE, ON | 0.017% |
| 285: | BRIGHT, ON | 0.017% |
| 286: | LANARK, ON | 0.017% |
| 287: | CALLANDER, ON | 0.017% |
| 288: | PORT STANLEY, ON | 0.017% |
| 289: | TAMWORTH, ON | 0.017% |
| 290: | NAVAN, ON | 0.017% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 40.0% | |
| No Money Down: | 40.0% | |
| Low Doc: | 20.0% | |
| Total Application Types Found: 3 | ||
Average age: 30
Oldest age: 57
Youngest age: 20
The amounts shown below represent the average income of Canadians living in Bright who have submitted an inquiry using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Bright: | $87,424.00 |
| applicants within all of Canada: | $56,347.50 |
| Difference: | $31,076.50 |
Since the average income of Bright 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 Bright: | $37,440.00 |
| applicants within all of Canada: | $56,347.50 |
| Difference: | ($18,907.50) |
The following depicts the residential status of people living in Bright who have applied for a home loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 20.0% | |
| Own: | 20.0% | |
| Live with parents: | 60.0% |
The information below shows the marital status of applicants from Bright, Ontario using the mortgage application found on the CanEquity Mortgage web site. In Bright, 20% of the mortgage applicants are living together with someone, while only 80% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Single: | 80.0% | |
| Married: | 20.0% |
