Hanover Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2009: | 25.00% | 0.01% |
| 2008: | 20.83% | 0.01% |
| 2007: | 16.67% | 0.01% |
| 2006: | 16.67% | 0.01% |
| 2005: | 12.50% | 0.01% |
| 2004: | 8.33% | 0.01% |
In Hanover, mortgages are received 24 hours a day on the CanEquity web site. The following indicates the peak hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 06:00 to 06:59: | 8.3% |
| 07:00 to 07:59: | 8.3% |
| 08:00 to 08:59: | 4.2% |
| 09:00 to 09:59: | 12.5% |
| 12:00 to 12:59: | 4.2% |
| 14:00 to 14:59: | 4.2% |
| 15:00 to 15:59: | 12.5% |
| 16:00 to 16:59: | 8.3% |
| 17:00 to 17:59: | 16.7% |
| 18:00 to 18:59: | 4.2% |
| 19:00 to 19:59: | 4.2% |
| 20:00 to 20:59: | 8.3% |
| 22:00 to 22:59: | 4.2% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.11% |
| British Columbia: | 10.88% |
| Manitoba: | 2.10% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.14% |
| Nova Scotia: | 2.90% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.08% |
| Ontario: | 48.83% |
| Prince Edward Island: | 0.44% |
| Quebec: | 4.14% |
| Saskatchewan: | 5.07% |
| Yukon Territories: | 0.26% |
| Location | Contribution | |
|---|---|---|
| 108: | PARRY SOUND, ON | 0.061% |
| 109: | THOROLD, ON | 0.061% |
| 110: | DELHI, ON | 0.059% |
| 111: | PEFFERLAW, ON | 0.059% |
| 112: | WASAGA BEACH, ON | 0.059% |
| 113: | HANOVER, ON | 0.056% |
| 114: | ANGUS, ON | 0.056% |
| 115: | GODERICH, ON | 0.056% |
| 116: | HARROW, ON | 0.056% |
| 117: | BELLE RIVER, ON | 0.056% |
| 118: | STURGEON FALLS, ON | 0.056% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| First-time Buyer: | 20.8% | |
| No Money Down: | 16.7% | |
| Refinance: | 16.7% | |
| Renewal: | 12.5% | |
| Purchase: | 12.5% | |
| Qualification: | 8.3% | |
| Low Doc: | 4.2% | |
| Pre-approval: | 4.2% | |
| Equity Mortgage: | 4.2% | |
| Total Application Types Found: 9 | ||
Average age: 36
Oldest age: 53
Youngest age: 23
The numbers below represent the average income of applicants living in Hanover who have applied for a mortgage loan using the pre-approval application on the CanEquity Mortgage web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Hanover: | $58,557.30 |
| applicants within all of Canada: | $58,581.24 |
| Difference: | ($23.94) |
| mortgage co-applicants in Hanover: | $52,273.33 |
| co-applicants within all of Canada: | $41,209.57 |
| Difference: | $11,063.76 |
The information shown below represents the residential status of people living in Hanover who have applied for a loan using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 37.5% | |
| Own: | 54.2% | |
| Live with parents: | 8.3% |
The pie chart below represents the marital status of applicants from Hanover, Ontario using the online mortgage application found on the CanEquity Mortgage web site. Approximately 58% of the mortgage applicants are living together with someone, while only 41% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 41.7% | |
| Single: | 37.5% | |
| Common-law: | 16.7% | |
| Divorced: | 4.2% |
