Hanover Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2008: | * 13.33% | * 0.01% |
| 2007: | 26.67% | 0.01% |
| 2006: | 26.67% | 0.01% |
| 2005: | 20.00% | 0.01% |
| 2004: | 13.33% | 0.01% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.01% |
| British Columbia: | 11.46% |
| Manitoba: | 2.11% |
| New Brunswick: | 2.02% |
| Newfoundland and Labrador: | 1.14% |
| Nova Scotia: | 2.78% |
| Northwest Territories: | 0.30% |
| Nunavut: | 0.09% |
| Ontario: | 48.63% |
| Prince Edward Island: | 0.36% |
| Quebec: | 3.80% |
| Saskatchewan: | 5.59% |
| Yukon Territories: | 0.21% |
| Location | Contribution | |
|---|---|---|
| 121: | BELLE RIVER, ON | 0.053% |
| 122: | ALMONTE, ON | 0.053% |
| 123: | PENETANGUISHENE, ON | 0.053% |
| 124: | STURGEON FALLS, ON | 0.053% |
| 125: | BRIGHTON, ON | 0.053% |
| 126: | HANOVER, ON | 0.050% |
| 127: | KAPUSKASING, ON | 0.050% |
| 128: | VAUGHAN, ON | 0.050% |
| 129: | ARNPRIOR, ON | 0.050% |
| 130: | UNIONVILLE, ON | 0.050% |
| 131: | PRESCOTT, ON | 0.050% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 26.7% | |
| Refinance: | 20.0% | |
| No Money Down: | 13.3% | |
| Renewal: | 13.3% | |
| Qualification: | 6.7% | |
| Low Doc: | 6.7% | |
| Pre-approval: | 6.7% | |
| Purchase: | 6.7% | |
| Total Application Types Found: 8 | ||
Average age: 32
Oldest age: 53
Youngest age: 23
The following figures show the average income of applicants living in Hanover who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Hanover: | $48,178.29 |
| applicants within all of Canada: | $56,403.93 |
| Difference: | ($8,225.64) |
| mortgage co-applicants in Hanover: | $43,410.00 |
| co-applicants within all of Canada: | $39,395.85 |
| Difference: | $4,014.15 |
The following depicts the residential status of people living in Hanover who have submitted an inquiry using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 33.3% | |
| Own: | 53.3% | |
| Live with parents: | 13.3% |
The following pie chart represents the marital status of applicants from Hanover, Ontario using the mortgage application found at canequity.com. In Hanover, approximately 73% of the mortgage applicants are living common-law or married, while only 26% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 53.3% | |
| Common-law: | 20.0% | |
| Single: | 20.0% | |
| Divorced: | 6.7% |
