Cardinal Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
Have an idea or suggestion on improving the Cardinal mortgage stats page, please send us an e-mail.
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 16.67% | * 0.00% |
| 2006: | 16.67% | 0.00% |
| 2005: | 33.33% | 0.01% |
| 2004: | 16.67% | 0.00% |
| 2002: | 16.67% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 250: | MALLORYTOWN, ON | 0.020% |
| 251: | GERALDTON, ON | 0.020% |
| 252: | ENGLEHART, ON | 0.020% |
| 253: | CAYUGA, ON | 0.020% |
| 254: | WINGHAM, ON | 0.020% |
| 255: | CARDINAL, ON | 0.020% |
| 256: | HAWKESTONE, ON | 0.020% |
| 257: | AMHERSTVIEW, ON | 0.020% |
| 258: | MARATHON, ON | 0.020% |
| 259: | CLIFFORD, ON | 0.020% |
| 260: | TWEED, ON | 0.020% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 33.3% | |
| No Money Down: | 33.3% | |
| Refinance: | 16.7% | |
| First-time Buyer: | 16.7% | |
| Total Application Types Found: 4 | ||
Average age: 38
Oldest age: 56
Youngest age: 27
The amounts shown below represent the average income of Canadians living in Cardinal who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Cardinal: | $109,251.80 |
| applicants within all of Canada: | $56,347.50 |
| Difference: | $52,904.30 |
Since the average income of Cardinal is substantially higher than the Canadian 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 Cardinal: | $35,000.00 |
| applicants within all of Canada: | $56,347.50 |
| Difference: | ($21,347.50) |
The pie chart below shows the residential status of people living in Cardinal who have applied for a loan using the CanEquity mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 50.0% | |
| Own: | 50.0% |
The following information represents the marital status of applicants from Cardinal, Ontario using the mortgage application found at the CanEquity web site. Over 50% of the mortgage applicants are living together with someone, while only 50% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Separated: | 33.3% | |
| Married: | 33.3% | |
| Common-law: | 16.7% | |
| Single: | 16.7% |
