Unionville Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 6.25% | * 0.00% |
| 2008: | 12.50% | 0.01% |
| 2007: | 18.75% | 0.01% |
| 2006: | 6.25% | 0.00% |
| 2005: | 12.50% | 0.01% |
| 2004: | 12.50% | 0.01% |
| 2003: | 12.50% | 0.01% |
| 2002: | 18.75% | 0.01% |
| 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 | |
|---|---|---|
| 147: | GRAVENHURST, ON | 0.040% |
| 148: | CAMPBELLFORD, ON | 0.038% |
| 149: | DEEP RIVER, ON | 0.038% |
| 150: | KINCARDINE, ON | 0.038% |
| 151: | MADOC, ON | 0.038% |
| 152: | UNIONVILLE, ON | 0.038% |
| 153: | ESSEX, ON | 0.038% |
| 154: | YORK, ON | 0.038% |
| 155: | OMEMEE, ON | 0.038% |
| 156: | CAYUGA, ON | 0.035% |
| 157: | COLDWATER, ON | 0.035% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 43.8% | |
| Renewal: | 25.0% | |
| No Money Down: | 12.5% | |
| Equity Mortgage: | 6.3% | |
| Variable Rate: | 6.3% | |
| First-time Buyer: | 6.3% | |
| Total Application Types Found: 6 | ||
Average age: 44
Oldest age: 62
Youngest age: 23
The information below represents the average income of Canadians living in Unionville who have submitted an inquiry using the online application located at the CanEquity web site.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Unionville: | $100,681.25 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | $42,098.86 |
| mortgage co-applicants in Unionville: | $61,444.44 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | $20,218.62 |
Since the average income of Unionville is notability higher than the national average, we have included the MEDIAN annual gross income for this area. 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 Unionville: | $65,000.00 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | $6,417.61 |
The following table represents the residential status of people living in Unionville who have applied for a mortgage loan using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 6.3% | |
| Own: | 75.0% | |
| No Comment: | 12.5% | |
| Live with parents: | 6.3% |
The following pie chart represents the marital status of applicants from Unionville, Ontario using the preapproval application found at the CanEquity web site. In Unionville, approximately 75% of the mortgage applicants are either married or living common-law, while only 25% are single or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 68.8% | |
| Divorced: | 12.5% | |
| Single: | 12.5% | |
| Common-law: | 6.3% |
