Scotiabank Pacific Alliance Expansion
Residential Mortgages
⚫ Four Distinct Distribution Channels¹: 1. Broker (~58%); 2. Branch (~20%); 3. Mobile Salesforce (~22%) and 4. eHOME (~1%)
FICO® Distribution - Canadian Uninsured Portfolio 2,3
Q2-20
Q1-21
Q2-21
65%
Canada
Average FICO® Score
Canada
795
GTA
798
Total Originations ($B)
Uninsured LTV
10.5
16.1
16.9
64%
64%
64%
GVA
795
748-788
> 788
15%
10%
8%
2%
< 635
636-706
707-747
Canadian Mortgage Portfolio: $257B (Spot balances as at Q2/21, $B)
35%
$137.2
Insured
$17.9
Freehold $214B
(85%)
Condos - $36B
(15%)
Greater Toronto Area
Total Originations ($B)
Uninsured LTV
Greater Vancouver Area
Total Originations ($B)
Uninsured LTV
3.3
5.2
5.0
62%
63%
63%
1.4
1.9
2.1
62%
62%
63%
$119.3
$49.4
$13.0
$31.8
Total
Portfolio4:
$257 billion
$3.8
$36.4
$28.0
$17.5
$15.2
$2.3
$11.2
$11.0
$0.2
$10.0 $0.7
$9.3
Ontario
BC & Territories
Alberta
Quebec
Atlantic Provinces
Manitoba &
Saskatchewan
% of
portfolio
53.4%
19.2%
12.3%
6.8%
4.4%
3.9%
65%
1 Sum of the parts might not add to 100% due to rounding
2 FICO® distribution for Canadian uninsured portfolio based on score ranges at origination. FICO is a registered trademark of Fair Isaac Corporation
3 LTV calculated based on the total outstanding balance secured by the property. Property values indexed using Teranet HPI data
4 Includes Wealth Management
Uninsured
22View entire presentation