Canadian Licensing Info: Alberta Mortgage #MW-0511205,
FSCO (Ontario) #10315,
Saskatchewan Mortgage #315872, and all other provinces.
 
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Stony Plain Mortgage Information

Average Mortgage Loan in Stony Plain: $219,098

Busy Months for Mortgage Applications within Stony Plain

The following displays the volumes of Web applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Stony Plain usually occur during our first quarter (represented by the brown bars) with 30.49% while our slowest is the fourth quarter (represented by the red bars) with 17.07%.

Busy Months Report for Stony Plain Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 June: 17.1%
2 July: 14.6%
3 March: 13.4%
4 January: 9.8%
5 November: 8.5%
6 April: 8.5%
RankMonth Percentage of Applications
7 February: 7.3%
8 October: 6.1%
9 August: 4.9%
10 May: 3.7%
11 September: 3.7%
12 December: 2.4%

Busy Days for Online Applications within Stony Plain

The graph listed below illustrates the busy days for online mortgage applications that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In Stony Plain, the day with the most volume, generating 23.17% of all submissions, is Monday. In comparison, Friday's are the slowest day with only 9.76% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 23.2%
2 Tuesday: 15.9%
3 Wednesday: 15.9%
4 Thursday: 13.4%
5 Saturday: 11.0%
6 Sunday: 11.0%
7 Friday: 9.8%
Busy Days Report for Stony Plain Mortgages

Peak Hours for Mortgage Applicants within Stony Plain

In Stony Plain, mortgage applications are received 24 hours a day via the Super Brokers web site. The graph shown below represents the peak hours over a 24-hour period. The data is taken from all days of all years. Only 26.8% of all mortgages are received before noon, while 70.7% arrive in the afternoon.


Peak Hours Graph for Mortgages in Stony Plain
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0%
1AM 01:00 to 01:59: 2.4%
2AM 02:00 to 02:59: 0%
3AM 03:00 to 03:59: 1.2%
4AM 04:00 to 04:59: 0%
5AM 05:00 to 05:59: 2.4%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 1.2%
8AM 08:00 to 08:59: 2.4%
9AM 09:00 to 09:59: 6.1%
10AM 10:00 to 10:59: 6.1%
11AM 11:00 to 11:59: 7.3%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 8.5%
1PM 13:00 to 13:59: 6.1%
2PM 14:00 to 14:59: 9.8%
3PM 15:00 to 15:59: 9.8%
4PM 16:00 to 16:59: 7.3%
5PM 17:00 to 17:59: 6.1%
6PM 18:00 to 18:59: 3.7%
7PM 19:00 to 19:59: 1.2%
8PM 20:00 to 20:59: 7.3%
9PM 21:00 to 21:59: 2.4%
10PM 22:00 to 22:59: 7.3%
11PM 23:00 to 23:59: 1.2%

Alberta Mortgage Originations Compared to all other Provinces and Territories


Online Mortgage Origination for the Province or Territory of Percentage of Applications
Alberta: 21.18%
British Columbia: 10.35%
Manitoba: 2.00%
New Brunswick: 2.52%
Newfoundland and Labrador: 1.30%
Nova Scotia: 3.29%
Northwest Territories: 0.48%
Nunavut: 0.09%
Ontario: 47.21%
Prince Edward Island: 0.50%
Quebec: 3.93%
Saskatchewan: 5.06%
Yukon: 0.47%

How Stony Plain Ranks in Alberta for Mortgage Business

The following table lists how Stony Plain 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
11OKOTOKS, AB 0.276%
12SPRUCE GROVE, AB 0.229%
13COLD LAKE, AB 0.195%
14BROOKS, AB 0.193%
15WHITECOURT, AB 0.147%
16STONY PLAIN, AB 0.141%
17LLOYDMINSTER, AB 0.128%
18LEDUC, AB 0.117%
19EDSON, AB 0.114%
20FORT SASKATCHEWAN, AB 0.105%
21OLDS, AB 0.105%

Types of Mortgage Inquiries Received from Stony Plain


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 20.7%
Mortgage Pre-approval: 19.5%
No Money Down Mortgage (discontinued): 18.3%
First-time Home Buyer: 14.6%
New Home Purchase: 14.6%
Mortgage Renewal: 7.3%
Other: 4.9%
 
Total Application Types Found: 8

Age Demographics for Stony Plain Mortgage Applicants

Average age: 38
Oldest age: 73
Youngest age: 23


Incomes for Stony Plain Mortgage Applicants

The numbers below represent the average income of Canadians living in Stony Plain 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 Stony Plain: $66,038.52
applicants within all of Canada: $60,871.80
Difference: $5,166.72
  
mortgage co-applicants in Stony Plain: $46,405.15
co-applicants within all of Canada: $44,075.54
Difference: $2,329.62

Note: Commercial Mortgage loans were not included for this survey, only residential loans were used.


Last mortgage report update for Stony Plain: Thursday, August 13, 2015
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