Alberta Mortgage #MW-0511205, BC Mortgage #X028169,
FSCO (Ontario) #10315, Saskatchewan Mortgage #315872,
and all other provinces.
 
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Peak Hours for Mortgage Applicants within Summerside

Applications are received 24 hours a day via our web site. The time periods below represents the busy hours within a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Summerside
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: 4.5%
6AM 06:00 to 06:59: 9.1%
7AM 07:00 to 07:59: 9.1%
8AM 08:00 to 08:59: 9.1%
9AM 09:00 to 09:59: 9.1%
10AM 10:00 to 10:59: 4.5%
11AM 11:00 to 11:59: 4.5%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 4.5%
1PM 13:00 to 13:59: 9.1%
2PM 14:00 to 14:59: 0%
3PM 15:00 to 15:59: 4.5%
4PM 16:00 to 16:59: 4.5%
5PM 17:00 to 17:59: 4.5%
6PM 18:00 to 18:59: 13.6%
7PM 19:00 to 19:59: 0%
8PM 20:00 to 20:59: 4.5%
9PM 21:00 to 21:59: 0%
10PM 22:00 to 22:59: 0%
11PM 23:00 to 23:59: 4.5%

Prince Edward Island 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 Prince Edward Island

RankLocation Contribution
1:CHARLOTTETOWN, PE 0.194%
2:SUMMERSIDE, PE 0.039%
3:STRATFORD, PE 0.036%
4:CORNWALL, PE 0.032%
5:MONTAGUE, PE 0.023%
6:SOURIS, PE 0.020%
7:O'LEARY, PE 0.018%


Age Demographics for Summerside Mortgages

Average age: 38
Oldest age: 64
Youngest age: 21


Incomes for Summerside Mortgages

The numbers below represent the average income of applicants living in Summerside who have submitted an inquiry using the pre-approval application on the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Summerside: $41,400.00
applicants within all of Canada: $60,593.10
Difference: ($19,193.10)
  
mortgage co-applicants in Summerside: $34,642.86
co-applicants within all of Canada: $43,761.59
Difference: ($9,118.73)

Note: Commercial loans were not included for this section, only residential mortgage loans from Summerside, Prince Edward Island 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 Grimsby.

Mortgage Product Type Inquiries
New Purchase23.08%
Refinance/Consolidate Debt20.00%
Mortgage Renewal16.92%
Mortgage Pre-approval10.77%
No Money Down discontinued7.69%
First-time Home Buyer6.15%
Other15.4%