Port Elgin Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2009: | 9.09% | 0.01% |
| 2008: | 9.09% | 0.01% |
| 2007: | 27.27% | 0.01% |
| 2006: | 13.64% | 0.01% |
| 2005: | 13.64% | 0.01% |
| 2004: | 13.64% | 0.01% |
| 2003: | 4.54% | 0.00% |
| 2002: | 9.09% | 0.01% |
In Port Elgin, applications are received 24 hours a day from the CanEquity web site. The time periods below represents the busy hours within a 24-hour period. The data is taken from all days of all years.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 4.5% |
| 04:00 to 04:59: | 4.5% |
| 05:00 to 05:59: | 4.5% |
| 06:00 to 06:59: | 4.5% |
| 07:00 to 07:59: | 4.5% |
| 08:00 to 08:59: | 9.1% |
| 09:00 to 09:59: | 9.1% |
| 10:00 to 10:59: | 9.1% |
| 11:00 to 11:59: | 4.5% |
| 12:00 to 12:59: | 4.5% |
| 13:00 to 13:59: | 4.5% |
| 14:00 to 14:59: | 4.5% |
| 16:00 to 16:59: | 4.5% |
| 17:00 to 17:59: | 4.5% |
| 18:00 to 18:59: | 4.5% |
| 19:00 to 19:59: | 13.6% |
| 20:00 to 20:59: | 4.5% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.10% |
| British Columbia: | 10.87% |
| Manitoba: | 2.09% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.15% |
| Nova Scotia: | 2.91% |
| 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 | |
|---|---|---|
| 124: | NEWCASTLE, ON | 0.054% |
| 125: | BRIGHTON, ON | 0.054% |
| 126: | KEMPTVILLE, ON | 0.052% |
| 127: | KAPUSKASING, ON | 0.052% |
| 128: | PICTON, ON | 0.052% |
| 129: | PORT ELGIN, ON | 0.052% |
| 130: | GANANOQUE, ON | 0.052% |
| 131: | ELLIOT LAKE, ON | 0.052% |
| 132: | BANCROFT, ON | 0.052% |
| 133: | TOTTENHAM, ON | 0.049% |
| 134: | PERTH, ON | 0.047% |
| 1 | Allenford, Ontario |
| 2 | Kincardine, Ontario |
| 3 | Desboro, Ontario |
| 4 | Lions Head, Ontario |
| 5 | Tiverton, Ontario |
| 6 | Hepworth, Ontario |
| 7 | Wiarton, Ontario |
| 8 | Paisley, Ontario |
| 9 | Shallow Lake, Ontario |
| 10 | Owen Sound, Ontario |
| 11 | Ripley, Ontario |
| 12 | Elmwood, Ontario |
| 13 | Tobermory, Ontario |
| 14 | Cargill, Ontario |
| 15 | Chepstow, Ontario |
| 16 | Chesley, Ontario |
| 17 | Walton, Ontario |
| 18 | Walkerton, Ontario |
| 19 | Brockton, Ontario |
| 20 | Wingham, Ontario |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| No Money Down: | 18.2% | |
| First-time Buyer: | 18.2% | |
| Qualification: | 13.6% | |
| Commercial: | 13.6% | |
| Refinance: | 13.6% | |
| Investment: | 9.1% | |
| Variable Rate: | 9.1% | |
| Renewal: | 4.5% | |
| Total Application Types Found: 8 | ||
Average age: 40
Oldest age: 61
Youngest age: 24
The amounts below are the average income of applicants living in Port Elgin who have applied for a loan using the pre-approval application on CanEquity's web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Port Elgin: | $74,671.00 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | $16,088.61 |
| mortgage co-applicants in Port Elgin: | $29,062.50 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | ($12,163.32) |
The following depicts the residential status of people living in Port Elgin 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: | 27.3% | |
| Own: | 54.5% | |
| Other: | 4.5% | |
| No Comment: | 4.5% | |
| Live with parents: | 9.1% |
The pie chart below represents the marital status of applicants from Port Elgin, Ontario using the mortgage application found on the CanEquity Mortgage web site. In Port Elgin, over 54% of the mortgage applicants are living common-law or married, while only 45% are single, separated or divorced.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Single: | 36.4% | |
| Married: | 36.4% | |
| Common-law: | 18.2% | |
| Separated: | 9.1% |
