Porcupine Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
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| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2007: | 16.67% | 0.00% |
| 2006: | 16.67% | 0.00% |
| 2004: | 50.00% | 0.01% |
| 2002: | 16.67% | 0.00% |
| Location | Contribution | |
|---|---|---|
| 275: | SEAFORTH, ON | 0.020% |
| 276: | SCHOMBERG, ON | 0.020% |
| 277: | ESPANOLA, ON | 0.020% |
| 278: | GLENCOE, ON | 0.020% |
| 279: | HASTINGS, ON | 0.020% |
| 280: | PORCUPINE, ON | 0.020% |
| 281: | MAIDSTONE, ON | 0.020% |
| 282: | BLIND RIVER, ON | 0.020% |
| 283: | HAGERSVILLE, ON | 0.020% |
| 284: | CAESAREA, ON | 0.017% |
| 285: | LISLE, ON | 0.017% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 66.7% | |
| No Money Down: | 16.7% | |
| First-time Buyer: | 16.7% | |
| Total Application Types Found: 3 | ||
Average age: 34
Oldest age: 38
Youngest age: 30
The figures below represent the average income of applicants living in Porcupine who have applied for a mortgage loan using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Porcupine: | $85,366.67 |
| applicants within all of Canada: | $56,403.93 |
| Difference: | $28,962.74 |
Since the average income of Porcupine is substantially higher than our 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 Porcupine: | $69,600.00 |
| applicants within all of Canada: | $56,403.93 |
| Difference: | $13,196.07 |
The pie chart below shows the residential status of people living in Porcupine who have applied for a mortgage using the pre-approval application on the CanEquity Mortgage web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 50.0% | |
| Own: | 33.3% | |
| No Comment: | 16.7% |
The following pie chart represents the marital status of applicants from Porcupine, Ontario using the preapproval application found on the CanEquity Mortgage web site. In Porcupine, over 100% of the mortgage applicants are living common-law or married, while only 0% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 66.7% | |
| Common-law: | 33.3% |
