Elliot Lake Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 4.54% | * 0.00% |
| 2009: | 18.18% | 0.01% |
| 2008: | 13.64% | 0.01% |
| 2007: | 18.18% | 0.01% |
| 2006: | 13.64% | 0.01% |
| 2005: | 4.54% | 0.00% |
| 2004: | 9.09% | 0.01% |
| 2003: | 13.64% | 0.01% |
| 2002: | 4.54% | 0.00% |
In Elliot Lake, mortgages are received 24 hours a day on the CanEquity web site. The information shown below indicates the peak hours in the day. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 07:00 to 07:59: | 9.1% |
| 08:00 to 08:59: | 18.2% |
| 09:00 to 09:59: | 4.5% |
| 10:00 to 10:59: | 18.2% |
| 11:00 to 11:59: | 9.1% |
| 12:00 to 12:59: | 4.5% |
| 13:00 to 13:59: | 4.5% |
| 14:00 to 14:59: | 4.5% |
| 15:00 to 15:59: | 4.5% |
| 17:00 to 17:59: | 4.5% |
| 19:00 to 19:59: | 9.1% |
| 21:00 to 21:59: | 4.5% |
| 23:00 to 23:59: | 4.5% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.11% |
| British Columbia: | 10.86% |
| Manitoba: | 2.09% |
| New Brunswick: | 2.11% |
| Newfoundland and Labrador: | 1.15% |
| Nova Scotia: | 2.91% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.08% |
| Ontario: | 48.83% |
| Prince Edward Island: | 0.44% |
| Quebec: | 4.15% |
| Saskatchewan: | 5.06% |
| Yukon Territories: | 0.26% |
| Location | Contribution | |
|---|---|---|
| 126: | BRIGHTON, ON | 0.054% |
| 127: | KEMPTVILLE, ON | 0.052% |
| 128: | KAPUSKASING, ON | 0.052% |
| 129: | PORT ELGIN, ON | 0.052% |
| 130: | GANANOQUE, ON | 0.052% |
| 131: | ELLIOT LAKE, ON | 0.052% |
| 132: | BANCROFT, ON | 0.052% |
| 133: | TOTTENHAM, ON | 0.049% |
| 134: | PERTH, ON | 0.047% |
| 135: | KIRKLAND LAKE, ON | 0.047% |
| 136: | PORT DOVER, ON | 0.047% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 40.9% | |
| Qualification: | 18.2% | |
| No Money Down: | 9.1% | |
| Refinance: | 9.1% | |
| Variable Rate: | 9.1% | |
| Pre-approval: | 4.5% | |
| Renewal: | 4.5% | |
| Purchase: | 4.5% | |
| Total Application Types Found: 8 | ||
Average age: 41
Oldest age: 70
Youngest age: 19
The following depicts the average income of Canadians living in Elliot Lake who have applied for a home loan using the CanEquity mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Elliot Lake: | $57,906.15 |
| applicants within all of Canada: | $58,592.40 |
| Difference: | ($686.25) |
| mortgage co-applicants in Elliot Lake: | $37,427.17 |
| co-applicants within all of Canada: | $41,278.89 |
| Difference: | ($3,851.73) |
The following table represents the residential status of people living in Elliot Lake who have applied for a mortgage using the pre-approval application on CanEquity's web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 54.5% | |
| Own: | 36.4% | |
| No Comment: | 4.5% | |
| Live with parents: | 4.5% |
The pie chart below represents the marital status of applicants from Elliot Lake, Ontario using the mortgage application located at the CanEquity web site. Approximately 77% of the mortgage applicants are either married or living common-law, while only 18% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 63.6% | |
| Common-law: | 13.6% | |
| Single: | 13.6% | |
| Widowed: | 4.5% | |
| Separated: | 4.5% |
