Alberta Mortgage #MW-0511205, BC Mortgage #X028169,
FSCO (Ontario) #10315, Saskatchewan Mortgage #315872,
and all other provinces.
 
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The Mortgage Group®

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Peak Hours for Mortgages within Essex

Mortgage applications are received 24 hours a day on the Super Brokers web site. The statistics shown below indicates the peak hours within a 24-hour period. The data is taken from all days of all years. Only 43.5% of all mortgages are received before noon, while 56.5% arrive in the afternoon.


Peak Hours Graph for Mortgages in Essex
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0%
1AM 01:00 to 01:59: 0%
2AM 02:00 to 02:59: 0%
3AM 03:00 to 03:59: 0%
4AM 04:00 to 04:59: 0%
5AM 05:00 to 05:59: 0%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 4.3%
8AM 08:00 to 08:59: 17.4%
9AM 09:00 to 09:59: 8.7%
10AM 10:00 to 10:59: 8.7%
11AM 11:00 to 11:59: 4.3%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 4.3%
1PM 13:00 to 13:59: 4.3%
2PM 14:00 to 14:59: 8.7%
3PM 15:00 to 15:59: 0%
4PM 16:00 to 16:59: 8.7%
5PM 17:00 to 17:59: 8.7%
6PM 18:00 to 18:59: 13.0%
7PM 19:00 to 19:59: 8.7%
8PM 20:00 to 20:59: 0%
9PM 21:00 to 21:59: 0%
10PM 22:00 to 22:59: 0%
11PM 23:00 to 23:59: 0%

Ontario 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 Ontario

RankLocation Contribution
151:LISTOWEL, ON 0.043%
152:SHELBURNE, ON 0.043%
153:WALKERTON, ON 0.041%
154:ELMIRA, ON 0.041%
155:ALMONTE, ON 0.041%
156:ESSEX, ON 0.041%
157:FORT FRANCES, ON 0.039%
158:FENELON FALLS, ON 0.039%
159:DURHAM, ON 0.039%
160:DEEP RIVER, ON 0.037%
161:ATIKOKAN, ON 0.037%


Age Demographics for Essex Mortgage Applicants

Average age: 36
Oldest age: 65
Youngest age: 21


Incomes for Essex Mortgage Applicants

The numbers below represent the average income of people living in Essex who have applied for a mortgage loan using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Essex: $42,780.55
applicants within all of Canada: $60,593.10
Difference: ($17,812.56)
  
mortgage co-applicants in Essex: $37,193.57
co-applicants within all of Canada: $43,761.59
Difference: ($6,568.02)

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

Mortgage Amortization Calculator
An amortization is the amount of time scheduled to completely pay off a loan, and the amortization length you choose is important in shaping how much you'll end up paying for your home. While the Government of Canada's national housing agency caps the amortization period for high-ratio mortgages at 25 years, and that is the most popular amortization length in Canada, amortizations can range anywhere from 5 to 30 years for uninsured mortgages. Try our easy to use mortgage calculator to see how changing the amortization length affects your loan payments.
Mortgage Amortization Calculator
 
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Innisfil.

Mortgage Product Type Inquiries
Mortgage Pre-approval23.33%
Refinance/Consolidate Debt21.67%
No Money Down discontinued15.00%
Mortgage Renewal15.00%
New Purchase6.67%
Low Doc5.00%
Other13.35%
 
Did you know? The average home loan in Lethbridge is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.
Alberta