Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Cumberland: Wednesday, February 8, 2012   
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Related Links:
Bourget
Casselman
Clarence Creek
Finch
Hammond
Limoges
Moose Creek
Rockland
Russell
St Isidore

Cumberland Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgage Inquiries from Cumberland

Year Year to Year
Comparison
** National
Contribution
2010: 14.29% 0.00%
2009: 28.57% 0.00%
2004: 14.29% 0.00%
2003: 42.86% 0.01%

Note: ** Total national contribution of Cumberland mortgages in the past is currently 0.01% with a projected target of 0.01%.

Current City Standing within Ontario


Location Contribution
351:  RUTHVEN, ON 0.013%
352:  CAMERON, ON 0.013%
353:  RED LAKE, ON 0.013%
354:  HAMMOND, ON 0.013%
355:  ALFRED, ON 0.013%
356:  CUMBERLAND, ON 0.013%
357:  PICKLE LAKE, ON 0.013%
358:  DUNSFORD, ON 0.013%
359:  NEW LOWELL, ON 0.013%
360:  WOODVILLE, ON 0.013%
361:  PALMERSTON, ON 0.013%

Nearest Settlements


1Clarence Creek, Ontario
2Bourget, Ontario
3Rockland, Ontario
4Limoges, Ontario
5Hammond, Ontario
6Casselman, Ontario
7Finch, Ontario
8St Isidore, Ontario
9Russell, Ontario
10Moose Creek, Ontario
11Carlsbad Springs, Ontario
12Navan, Ontario
13Chesterville, Ontario
14Embrun, Ontario
15St Albert, Ontario
16Buckingham, Quebec
17Maxville, Ontario
18Greely, Ontario


Product Popularity for Cumberland


Mortgage Application
Form Type
  Percentage
of Inquiries
Renewal: 28.6%
Refinance: 28.6%
Purchase: 14.3%
Qualification: 14.3%
First-time Buyer: 14.3%
 
Total Application Types Found: 5
 Cumberland Mortgage Product Popularity Pie Chart

Age Demographics for Cumberland Mortgages

Average age: 45
Oldest age: 62
Youngest age: 30


Incomes for Cumberland Mortgages

The following figures show the average income of people living in Cumberland who have applied for a loan using CanEquity's pre-approval application.

Average annual gross income for
mortgage applicants in Cumberland: $68,740.86
applicants within all of Canada: $59,498.47
Difference: $9,242.39
  
mortgage co-applicants in Cumberland: $41,366.67
co-applicants within all of Canada: $42,403.13
Difference: ($1,036.46)

Note: Commercial loan amounts were not included for this report, only residential mortgages were used.

Residential Status for Cumberland Mortgages

The pie chart below shows the residential status of people living in Cumberland who have applied for a loan using the pre-approval application on CanEquity's web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 28.6%
Own: 57.1%
No Comment: 14.3%
Cumberland Residential Status Pie Chart

Marital Statistics for Cumberland Mortgages

The pie chart below represents the marital status of applicants from Cumberland, Ontario using the online mortgage application located at canequity.com. In Cumberland, 85% of the mortgage applicants are living together with someone, while only 14% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 71.4%
Common-law: 14.3%
Single: 14.3%
Cumberland Marital Status Pie Chart