Summerside Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 11.77% | * 0.01% |
| 2009: | 17.65% | 0.01% |
| 2008: | 11.77% | 0.01% |
| 2007: | 5.88% | 0.00% |
| 2006: | 5.88% | 0.00% |
| 2005: | 5.88% | 0.00% |
| 2004: | 5.88% | 0.00% |
| 2003: | 5.88% | 0.00% |
| 2002: | 29.41% | 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 | |
|---|---|---|
| 001: | CHARLOTTETOWN, PE | 0.153% |
| 002: | SUMMERSIDE, PE | 0.040% |
| 003: | STRATFORD, PE | 0.028% |
| 004: | CORNWALL, PE | 0.026% |
| 005: | O'LEARY, PE | 0.019% |
| 006: | MONTAGUE, PE | 0.016% |
| 007: | SOURIS, PE | 0.014% |
| 1 | Ellerslie, Prince Edward Island |
| 2 | Miscouche, Prince Edward Island |
| 3 | Kinkora, Prince Edward Island |
| 4 | Kensington, Prince Edward Island |
| 5 | Cornwall, Prince Edward Island |
| 6 | New London, Prince Edward Island |
| 7 | O'Leary, Prince Edward Island |
| 8 | Charlottetown, Prince Edward Island |
| 9 | York, Prince Edward Island |
| 10 | Tignish, Prince Edward Island |
| 11 | Stratford, Prince Edward Island |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Qualification: | 35.3% | |
| No Money Down: | 23.5% | |
| First-time Buyer: | 23.5% | |
| Renewal: | 11.8% | |
| Refinance: | 5.9% | |
| Total Application Types Found: 5 | ||
Average age: 38
Oldest age: 54
Youngest age: 21
The amounts below are the average income of Canadians living in Summerside who have applied for a mortgage loan using CanEquity's online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Summerside: | $36,800.00 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | ($21,782.39) |
| mortgage co-applicants in Summerside: | $24,833.33 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | ($16,392.49) |
The information shown below represents the residential status of people living in Summerside who have applied for a mortgage loan using the online application located at the CanEquity web site.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 70.6% | |
| Own: | 17.6% | |
| No Comment: | 11.8% |
The following information represents the marital status of applicants from Summerside, Prince Edward Island using the preapproval application located at the CanEquity web site. In Summerside, over 58% of the mortgage applicants are living together with someone, while only 41% are not married or separated.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 35.3% | |
| Common-law: | 23.5% | |
| Separated: | 17.6% | |
| Divorced: | 11.8% | |
| Single: | 11.8% |
