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Comox Mortgage Information

Average Mortgage Loan in Comox: $168,797

Busy Days for Applications within Comox

The bar graph below compares the busy days for online mortgage applications that were received by our web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Comox the busiest day, with 23.08% of all inquiries, is Friday. In comparison, Saturday's are the slowest day with only 7.69% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Friday: 23.1%
2 Monday: 19.2%
3 Tuesday: 15.4%
4 Thursday: 15.4%
5 Sunday: 11.5%
6 Wednesday: 7.7%
7 Saturday: 7.7%
Busy Days Report for Comox Mortgages

Peak Hours for Mortgages within Comox

Applications are received 24 hours a day via the Super Brokers' web site. The time periods below represents the rush hours in the day. The data is taken from all days of all years. Only 19.2% of all mortgages are received during the morning, while 69.2% arrive in the afternoon.


Peak Hours Graph for Mortgages in Comox
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 11.5%
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: 3.8%
5AM 05:00 to 05:59: 0%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 3.8%
8AM 08:00 to 08:59: 0%
9AM 09:00 to 09:59: 3.8%
10AM 10:00 to 10:59: 3.8%
11AM 11:00 to 11:59: 3.8%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 3.8%
1PM 13:00 to 13:59: 7.7%
2PM 14:00 to 14:59: 7.7%
3PM 15:00 to 15:59: 11.5%
4PM 16:00 to 16:59: 11.5%
5PM 17:00 to 17:59: 7.7%
6PM 18:00 to 18:59: 3.8%
7PM 19:00 to 19:59: 3.8%
8PM 20:00 to 20:59: 0%
9PM 21:00 to 21:59: 3.8%
10PM 22:00 to 22:59: 3.8%
11PM 23:00 to 23:59: 3.8%

British Columbia 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 Comox Ranks in British Columbia for Mortgage Business

The following table lists how Comox 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
42SECHELT, BC 0.050%
43MERRITT, BC 0.050%
44GRAND FORKS, BC 0.050%
45SOOKE, BC 0.050%
46LADYSMITH, BC 0.048%
47COMOX, BC 0.045%
48WHITE ROCK, BC 0.043%
49SQUAMISH, BC 0.041%
50KITIMAT, BC 0.040%
51CASTLEGAR, BC 0.040%
52POWELL RIVER, BC 0.040%

Types of Mortgage Inquiries Received from Comox


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 30.8%
Refinance / Debt Consolidation: 19.2%
First-time Home Buyer: 19.2%
No Money Down Mortgage (discontinued): 11.5%
New Home Purchase: 7.7%
Other: 11.4%
 
Total Application Types Found: 8

Age Demographics for Comox Applicants

Average age: 41
Oldest age: 60
Youngest age: 19


Incomes for Comox Applicants

The amounts below are the average income of Canadians living in Comox who have submitted a mortgage inquiry using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Comox: $54,140.00
applicants within all of Canada: $60,852.54
Difference: ($6,712.54)
  
mortgage co-applicants in Comox: $27,960.00
co-applicants within all of Canada: $43,965.51
Difference: ($16,005.51)

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


Last mortgage report update for Comox: Friday, July 1, 2016
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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 North Vancouver.

Mortgage Product Type Inquiries
Mortgage Pre-approval22.05%
Mortgage Renewal15.75%
New Purchase14.96%
First-time Home Buyer14.17%
No Money Down discontinued13.39%
Refinance/Consolidate Debt8.66%
Other11.03%