Last report update for Dorchester: Tuesday, May 6, 2008
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Dorchester Mortgage
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Related Links:
Aylmer
Belmont
Delaware
Ingersoll
Innerkip
London
Lucan
Norwich
St Marys
St Thomas

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Dorchester Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Online Applications from Dorchester

Year Year to Year
Comparison
** National
Contribution
2008: * 12.50% * 0.00%
2006: 25.00% 0.01%
2005: 12.50% 0.00%
2004: 37.50% 0.01%
2003: 12.50% 0.00%

Note: * These values are the percentages up to Tuesday, May 6, 2008. Estimated volume targets for the entire 2008 year are 25.00% and 0.01% respectively. ** Total national contribution of Dorchester mortgages in the past is currently 0.03% with a projected target of 0.03%.

Current City Standing within Ontario


Location Contribution
201:  AYR, ON 0.027%
202:  EMBRUN, ON 0.027%
203:  CARP, ON 0.027%
204:  MOUNT HOPE, ON 0.027%
205:  STAYNER, ON 0.027%
206:  DORCHESTER, ON 0.027%
207:  FOREST, ON 0.027%
208:  COBALT, ON 0.027%
209:  CAMPBELLVILLE, ON 0.027%
210:  COCHRANE, ON 0.027%
211:  ATHENS, ON 0.027%

Nearest Settlements


1London, Ontario
2Belmont, Ontario
3Ingersoll, Ontario
4Delaware, Ontario
5Norwich, Ontario
6St Thomas, Ontario
7Innerkip, Ontario
8Aylmer, Ontario
9Lucan, Ontario
10St Marys, Ontario
11Ailsa Craig, Ontario
12Beachville, Ontario
13Ilderton, Ontario
14Mount Brydges, Ontario
15Baden, Ontario
16Bright, Ontario
17Langton, Ontario
18Tavistock, Ontario
19Exeter, Ontario
20Strathroy, Ontario
21Courtland, Ontario
22Denfield, Ontario
23Brownsville, Ontario
24New Hamburg, Ontario
25Komoka, Ontario
26Woodstock, Ontario
27Springfield, Ontario
28Salem, Ontario
29Glencoe, Ontario
30Vittoria, Ontario
31Mitchell, Ontario
32Clear Creek, Ontario
33Port Burwell, Ontario
34Otterville, Ontario
35Vienna, Ontario
36Parkhill, Ontario
37Centre Wellington, Ontario
38Shakespeare, Ontario
39Tillsonburg, Ontario
40Crediton, Ontario
41Watford, Ontario
42Stratford, Ontario
43Ayr, Ontario
44Wyoming, Ontario
45West Lorne, Ontario
46Paris, Ontario
47Delhi, Ontario
48Scotland, Ontario
49Port Rowan, Ontario
50Dutton, Ontario
51Port Stanley, Ontario
52Kitchener, Ontario


Product Popularity for Dorchester


Mortgage Application
Form Type
  Percentage
of Inquiries
Renewal: 37.5%
Qualification: 37.5%
Refinance: 25.0%
 
Total Application Types Found: 3
 Dorchester Mortgage Product Popularity Pie Chart

Age Demographics for Dorchester Applicants

Average age: 37
Oldest age: 47
Youngest age: 29


Incomes for Dorchester Applicants

The information below represents the average income of people living in Dorchester who have applied for a home loan using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Dorchester: $81,142.86
applicants within all of Canada: $56,347.50
Difference: $24,795.36
  

Since the average income of Dorchester is notability 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 Dorchester: $63,000.00
applicants within all of Canada: $56,347.50
Difference: $6,652.50

Note: Commercial Mortgage loans were not included for this report, only residential loans from Dorchester, Ontario were used.

Residential Status for Dorchester Mortgage Applicants

The information below represents the residential status of people living in Dorchester who have applied for a loan using CanEquity's preapproval application.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Rent: 12.5%
Own: 87.5%
Dorchester Residential Status Pie Chart

Marital Stats for Dorchester Mortgage Applicants

The information below shows the marital status of applicants from Dorchester, Ontario using the mortgage application located at canequity.com. Approximately 50% of the mortgage applicants are living together with someone, while only 50% are not living with someone.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Married: 50.0%
Single: 25.0%
Divorced: 12.5%
Separated: 12.5%
Dorchester Marital Status Pie Chart