Ontario Mortgage # 10896
Saskatchewan Mortgage # 311514
Real Estate Council of Alberta Authorized
BC Mortgage # X028126
- Last mortgage report update for Ravenna: Wednesday, February 8, 2012   
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Related Links:
Creemore
Dundalk
Durham
Flesherton
Markdale
Meaford
New Lowell
Shelburne
Stayner
Thornbury

Ravenna Mortgages

Ontario Mortgage Statistics, Graphs and Charts

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Yearly Volume Comparison for Mortgages Originating from Ravenna

Year Year to Year
Comparison
** National
Contribution
2010: 50.00% 0.00%
2008: 25.00% 0.00%
2007: 25.00% 0.00%

Note: ** Total national contribution of Ravenna mortgages in the past is currently 0.01% with a projected target of 0.01%.

Current City Standing within Ontario


Location Contribution
494:  BELMONT, ON 0.008%
495:  SKEAD, ON 0.008%
496:  MANITOWANING, ON 0.008%
497:  RIDGEVILLE, ON 0.008%
498:  BRAESIDE, ON 0.008%
499:  RAVENNA, ON 0.008%
500:  WEBBWOOD, ON 0.008%
501:  MANSFIELD, ON 0.008%
502:  BAINSVILLE, ON 0.008%
503:  HENSALL, ON 0.008%
504:  GOODWOOD, ON 0.008%

Nearest Settlements


1Thornbury, Ontario
2Creemore, Ontario
3Flesherton, Ontario
4Durham, Ontario
5Markdale, Ontario
6Meaford, Ontario
7Dundalk, Ontario
8New Lowell, Ontario
9Shelburne, Ontario
10Stayner, Ontario
11Grand Valley, Ontario
12Hanover, Ontario
13Cargill, Ontario
14Palgrave, Ontario
15Orangeville, Ontario
16Caledon, Ontario
17Tottenham, Ontario
18Chepstow, Ontario
19Badjeros, Ontario
20Chesley, Ontario
21Walkerton, Ontario
22Brockton, Ontario
23Cookstown, Ontario
24Neustadt, Ontario
25Arthur, Ontario
26Terra Cotta, Ontario


Product Popularity for Ravenna


Mortgage Application
Form Type
  Percentage
of Inquiries
Renewal: 25.0%
Purchase: 25.0%
Qualification: 25.0%
First-time Buyer: 25.0%
 
Total Application Types Found: 4
 Ravenna Mortgage Product Popularity Pie Chart

Age Demographics for Ravenna Originated Mortgages

Average age: 39
Oldest age: 51
Youngest age: 28


Incomes for Ravenna Originated Mortgages

The following figures show the average income of applicants living in Ravenna who have applied for a mortgage loan using the CanEquity mortgage application.

Average annual gross income for
mortgage applicants in Ravenna: $104,000.00
applicants within all of Canada: $59,498.47
Difference: $44,501.53
  

Since the average income of Ravenna 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 Ravenna: $63,000.00
applicants within all of Canada: $59,498.47
Difference: $3,501.53

Note: Commercial loan amounts were not included for this report, only residential loans amounts were used.

Residential Status for Ravenna Originated Mortgages

The information below represents the residential status of people living in Ravenna who have applied for a loan using the pre-approval application on the CanEquity Mortgage web site.

Residential Status of
Mortgage Applicant
  Percentage
of Inquiries
Own: 50.0%
Live with parents: 50.0%
Ravenna Residential Status Pie Chart

Marital Statistics for Ravenna Originated Mortgages

The information below shows the marital status of applicants from Ravenna, Ontario using the mortgage preapproval application found at the CanEquity web site. In Ravenna, approximately 50% of the mortgage applicants are either married or living common-law, while only 50% are single or separated.

Marital Status of
Mortgage Applicant
  Percentage
of Inquiries
Single: 50.0%
Married: 50.0%
Ravenna Marital Status Pie Chart