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FSCO (Ontario) #10315, Saskatchewan Mortgage #315872,
and all other provinces.
 
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Busy Months for Mortgages within Surrey

The following bar graph illustrates the volumes of applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Surrey mostly occur during our first quarter (represented by the brown bars) with 34.26% while our slowest is the fourth quarter (represented by the red bars) with 15.99%.

Busy Months Report for Surrey Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 April: 12.9%
2 March: 11.9%
3 February: 11.4%
4 January: 10.9%
5 May: 10.7%
6 June: 7.6%
RankMonth Percentage of Applications
7 August: 6.8%
8 July: 6.6%
9 October: 6.6%
10 November: 5.6%
11 September: 5.1%
12 December: 3.8%

Busy Days for Mortgages Received within Surrey

The graph listed below plots the busy days for online applications that were received by the Super Brokers web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Surrey the busiest day, with 19.04% of all submissions, is Monday. In comparison, Saturday's are the slowest day with only 8.88% of all inquiries.

Rank Day of the Week Percentage of Applications
1: Monday: 19.0%
2: Thursday: 18.0%
3: Wednesday: 17.3%
4: Tuesday: 14.2%
5: Friday: 13.4%
6: Sunday: 9.1%
7: Saturday: 8.9%
Busy Days Report for Surrey Mortgages

Peak Hours for Applicants within Surrey

Inquiries are received 24 hours a day from the Super Brokers web site. The information shown below represents the busy hours within a 24-hour period. The data is taken from all days of all years. Only 19.8% of all mortgages are received before noon, while 72.1% arrive in the afternoon.


Peak Hours Graph for Mortgages in Surrey
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 4.3%
1AM 01:00 to 01:59: 3.3%
2AM 02:00 to 02:59: 0.5%
3AM 03:00 to 03:59: 0.5%
4AM 04:00 to 04:59: 1.0%
5AM 05:00 to 05:59: 0.5%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 1.0%
8AM 08:00 to 08:59: 1.5%
9AM 09:00 to 09:59: 2.0%
10AM 10:00 to 10:59: 6.3%
11AM 11:00 to 11:59: 6.9%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.9%
1PM 13:00 to 13:59: 6.1%
2PM 14:00 to 14:59: 6.9%
3PM 15:00 to 15:59: 7.9%
4PM 16:00 to 16:59: 6.6%
5PM 17:00 to 17:59: 4.1%
6PM 18:00 to 18:59: 6.3%
7PM 19:00 to 19:59: 4.3%
8PM 20:00 to 20:59: 6.3%
9PM 21:00 to 21:59: 6.1%
10PM 22:00 to 22:59: 5.6%
11PM 23:00 to 23:59: 4.1%

British Columbia Mortgage Originations Compared to all other Provinces


Online Mortgage Origination for the Province of Percentage of Applications
Alberta: 20.83%
British Columbia: 10.42%
Manitoba: 1.98%
New Brunswick: 2.52%
Newfoundland and Labrador: 1.29%
Nova Scotia: 3.31%
Northwest Territories: 0.48%
Nunavut: 0.10%
Ontario: 47.68%
Prince Edward Island: 0.51%
Quebec: 3.96%
Saskatchewan: 5.03%
Yukon: 0.48%

Current City Standing within British Columbia

RankLocation Contribution
1:VANCOUVER, BC 0.923%
2:SURREY, BC 0.699%
3:VICTORIA, BC 0.618%
4:BURNABY, BC 0.336%
5:KELOWNA, BC 0.325%
6:PRINCE GEORGE, BC 0.289%
7:ABBOTSFORD, BC 0.286%


Age Demographics for Surrey Applicants

Average age: 39
Oldest age: 71
Youngest age: 21


Incomes for Surrey Applicants

The amounts shown below represent the average income of applicants living in Surrey who have applied for a mortgage loan using the pre-approval application on the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Surrey: $61,177.70
applicants within all of Canada: $60,593.10
Difference: $584.60
  
mortgage co-applicants in Surrey: $46,111.85
co-applicants within all of Canada: $43,761.59
Difference: $2,350.27

Note: Commercial loans were not included for this report, only residential mortgage loan amounts from Surrey, British Columbia were used.

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British Columbia
 
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Chilliwack.

Mortgage Product Type Inquiries
Refinance/Consolidate Debt22.15%
Mortgage Pre-approval20.81%
New Purchase16.11%
No Money Down discontinued12.75%
Mortgage Renewal8.72%
First-time Home Buyer8.05%
Other11.39%