Frankford Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 38.46% | * 0.02% |
| 2007: | 15.39% | 0.01% |
| 2006: | 15.39% | 0.01% |
| 2005: | 7.69% | 0.00% |
| 2004: | 7.69% | 0.00% |
| 2003: | 15.39% | 0.01% |
| Location | Contribution | |
|---|---|---|
| 139: | BLENHEIM, ON | 0.043% |
| 140: | PERTH, ON | 0.043% |
| 141: | NIAGARA ON THE LAKE, ON | 0.043% |
| 142: | GANANOQUE, ON | 0.043% |
| 143: | KIRKLAND LAKE, ON | 0.043% |
| 144: | FRANKFORD, ON | 0.043% |
| 145: | MADOC, ON | 0.043% |
| 146: | COLDWATER, ON | 0.040% |
| 147: | CALEDON, ON | 0.040% |
| 148: | ST MARYS, ON | 0.040% |
| 149: | BOBCAYGEON, ON | 0.040% |
| 1 | Trenton, Ontario |
| 2 | Tweed, Ontario |
| 3 | Foxboro, Ontario |
| 4 | Carrying Place, Ontario |
| 5 | Madoc, Ontario |
| 6 | Wooler, Ontario |
| 7 | Belleville, Ontario |
| 8 | Corbyville, Ontario |
| 9 | Stirling, Ontario |
| 10 | Plainfield, Ontario |
| 11 | Roslin, Ontario |
| 12 | Milford, Ontario |
| 13 | Bloomfield, Ontario |
| 14 | Shannonville, Ontario |
| 15 | Demorestville, Ontario |
| 16 | Brighton, Ontario |
| 17 | Campbellford, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| No Money Down: | 30.8% | |
| Renewal: | 15.4% | |
| Refinance: | 15.4% | |
| Qualification: | 15.4% | |
| Purchase: | 7.7% | |
| Commercial: | 7.7% | |
| First-time Buyer: | 7.7% | |
| Total Application Types Found: 7 | ||
Average age: 35
Oldest age: 51
Youngest age: 26
The amounts shown below represent the average income of applicants living in Frankford who have applied for a loan using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Frankford: | $87,194.67 |
| applicants within all of Canada: | $56,384.30 |
| Difference: | $30,810.37 |
| mortgage co-applicants in Frankford: | $24,378.80 |
| co-applicants within all of Canada: | $39,375.53 |
| Difference: | ($14,996.73) |
Since the average income of Frankford 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 Frankford: | $50,500.00 |
| applicants within all of Canada: | $56,384.30 |
| Difference: | ($5,884.30) |
The following depicts the residential status of people living in Frankford who have applied for a home loan using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 30.8% | |
| Own: | 69.2% |
The pie chart below represents the marital status of applicants from Frankford, Ontario using the preapproval application located at the CanEquity web site. In Frankford, 76% of the mortgage applicants are living with someone, while only 23% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 69.2% | |
| Single: | 15.4% | |
| Divorced: | 7.7% | |
| Common-law: | 7.7% |
