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Edson Mortgage Information

Average Mortgage Loan in Edson: $203,527

Busy Months for Mortgages Received within Edson

The graph below illustrates the volumes of applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Edson occur during our second quarter (represented by the green bars) with 44.78% while our slowest is the fourth quarter (represented by the red bars) with 7.46%.

Busy Months Report for Edson Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 June: 16.4%
2 April: 14.9%
3 May: 13.4%
4 August: 11.9%
5 January: 9.0%
6 March: 9.0%
RankMonth Percentage of Applications
7 September: 9.0%
8 July: 7.5%
9 November: 4.5%
10 December: 1.5%
11 February: 1.5%
12 October: 1.5%

Busy Days for Mortgages Received within Edson

The bar graph below displays the busy days for online inquiries that were received by the Super Brokers web site. Each day is a representation of the combined 6-year total of all instances of that day. In Edson, the day with the most volume, having more than 25.37% of all inquiries, is Tuesday. In comparison, Sunday's are the slowest day with only 8.96% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 25.4%
2 Monday: 16.4%
3 Saturday: 14.9%
4 Friday: 11.9%
5 Wednesday: 11.9%
6 Thursday: 10.4%
7 Sunday: 9.0%
Busy Days Report for Edson Mortgages

Peak Hours for Mortgage Applicants within Edson

Mortgage inquiries are received 24 hours a day from the Super Brokers' web site. The statistics shown below represents the busy hours over a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Edson
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 1.5%
1AM 01:00 to 01:59: 3.0%
2AM 02:00 to 02:59: 1.5%
3AM 03:00 to 03:59: 0%
4AM 04:00 to 04:59: 1.5%
5AM 05:00 to 05:59: 1.5%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 1.5%
8AM 08:00 to 08:59: 3.0%
9AM 09:00 to 09:59: 6.0%
10AM 10:00 to 10:59: 6.0%
11AM 11:00 to 11:59: 3.0%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 6.0%
1PM 13:00 to 13:59: 3.0%
2PM 14:00 to 14:59: 3.0%
3PM 15:00 to 15:59: 10.4%
4PM 16:00 to 16:59: 10.4%
5PM 17:00 to 17:59: 4.5%
6PM 18:00 to 18:59: 6.0%
7PM 19:00 to 19:59: 7.5%
8PM 20:00 to 20:59: 6.0%
9PM 21:00 to 21:59: 6.0%
10PM 22:00 to 22:59: 4.5%
11PM 23:00 to 23:59: 4.5%

Alberta Mortgage Originations Compared to all other Provinces and Territories


Online Mortgage Origination for the Province or Territory of Percentage of Applications
Alberta: 21.07%
British Columbia: 10.40%
Manitoba: 2.00%
New Brunswick: 2.53%
Newfoundland and Labrador: 1.30%
Nova Scotia: 3.29%
Northwest Territories: 0.49%
Nunavut: 0.10%
Ontario: 47.31%
Prince Edward Island: 0.51%
Quebec: 3.94%
Saskatchewan: 5.04%
Yukon: 0.47%

How Edson Ranks in Alberta for Mortgage Business

The following table lists how Edson ranks for mortgage applications sent to our website. The data collected is over a 7-year time frame. A location has to have a minimum of three applications to make the list. To find more information, simply click on a location.

RankLocation Contribution
14COLD LAKE, AB 0.192%
15WHITECOURT, AB 0.149%
16STONY PLAIN, AB 0.140%
17LLOYDMINSTER, AB 0.128%
18LEDUC, AB 0.118%
19EDSON, AB 0.116%
20FORT SASKATCHEWAN, AB 0.109%
21OLDS, AB 0.107%
22WETASKIWIN, AB 0.104%
23STRATHMORE, AB 0.100%
24HIGH RIVER, AB 0.100%

Types of Mortgage Inquiries Received from Edson


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 28.4%
First-time Home Buyer: 25.4%
New Home Purchase: 13.4%
No Money Down Mortgage (discontinued): 11.9%
Refinance / Debt Consolidation: 7.5%
Low Doc: 4.5%
Other: 9%
 
Total Application Types Found: 10

Age Demographics for Edson Mortgages

Average age: 35
Oldest age: 60
Youngest age: 19


Incomes for Edson Mortgages

The numbers below represent the average income of people living in Edson who have applied for a home loan using the online application located at the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Edson: $70,492.31
applicants within all of Canada: $60,852.54
Difference: $9,639.77
  
mortgage co-applicants in Edson: $36,826.65
co-applicants within all of Canada: $43,965.51
Difference: ($7,138.86)

Note: Commercial Mortgages were not included for this survey, only home loans from Edson, Alberta were used.

Nearest Settlements


1Hinton, Alberta
2Peers, Alberta


Last mortgage report update for Edson: Friday, July 1, 2016
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