Midhurst Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2009: | 25.00% | 0.00% |
| 2005: | 25.00% | 0.00% |
| 2004: | 50.00% | 0.01% |
| Location | Contribution | |
|---|---|---|
| 434: | WOODVILLE, ON | 0.009% |
| 435: | PORT CARLING, ON | 0.009% |
| 436: | NORTH AUGUSTA, ON | 0.009% |
| 437: | GORE BAY, ON | 0.009% |
| 438: | VINELAND, ON | 0.009% |
| 439: | MIDHURST, ON | 0.009% |
| 440: | BAYSVILLE, ON | 0.009% |
| 441: | ASHBURN, ON | 0.009% |
| 442: | FREELTON, ON | 0.009% |
| 443: | HEIDELBERG, ON | 0.009% |
| 444: | COURTRIGHT, ON | 0.009% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 25.0% | |
| Qualification: | 25.0% | |
| First-time Buyer: | 25.0% | |
| Recreational: | 25.0% | |
| Total Application Types Found: 4 | ||
Average age: 39
Oldest age: 46
Youngest age: 24
The following depicts the average income of Canadians living in Midhurst who have applied for a loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Midhurst: | $79,486.25 |
| applicants within all of Canada: | $58,592.40 |
| Difference: | $20,893.85 |
Since the average income of Midhurst is notability higher than our Canadian national average, we have included the MEDIAN annual gross income for this town. 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 Midhurst: | $61,972.50 |
| applicants within all of Canada: | $58,592.40 |
| Difference: | $3,380.10 |
The following table represents the residential status of people living in Midhurst who have submitted an inquiry using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 25.0% | |
| Own: | 50.0% | |
| Live with parents: | 25.0% |
The following information represents the marital status of applicants from Midhurst, Ontario using the mortgage preapproval application located at canequity.com. In Midhurst, over 75% of the mortgage applicants are living common-law or married, while only 25% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 50.0% | |
| Common-law: | 25.0% | |
| Single: | 25.0% |
