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Ladysmith Mortgage Information

Average Mortgage Loan in Ladysmith: $184,698

Busy Days for Mortgages Originating within Ladysmith

The data below shows the busy days for Internet mortgage applications that were received by Super Brokers' web site. Each day is a representation of the combined 6-year total of all instances of that day. In Ladysmith, the day with the most volume, generating 21.43% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 7.14% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 21.4%
2 Thursday: 21.4%
3 Monday: 14.3%
4 Wednesday: 14.3%
5 Friday: 10.7%
6 Sunday: 10.7%
7 Saturday: 7.1%
Busy Days Report for Ladysmith Mortgages

Peak Hours for Based Mortgages within Ladysmith

Mortgage inquiries are received 24 hours a day on our web site. The time periods below indicates the busy hours over a 24-hour period. The data is taken from all days of all years. Only 25.0% of all mortgages are received during the morning, while 64.3% arrive in the afternoon.


Peak Hours Graph for Mortgages in Ladysmith
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 7.1%
1AM 01:00 to 01:59: 0%
2AM 02:00 to 02:59: 3.6%
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: 0%
8AM 08:00 to 08:59: 0%
9AM 09:00 to 09:59: 10.7%
10AM 10:00 to 10:59: 10.7%
11AM 11:00 to 11:59: 3.6%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 0%
1PM 13:00 to 13:59: 3.6%
2PM 14:00 to 14:59: 7.1%
3PM 15:00 to 15:59: 3.6%
4PM 16:00 to 16:59: 17.9%
5PM 17:00 to 17:59: 0%
6PM 18:00 to 18:59: 3.6%
7PM 19:00 to 19:59: 3.6%
8PM 20:00 to 20:59: 7.1%
9PM 21:00 to 21:59: 3.6%
10PM 22:00 to 22:59: 10.7%
11PM 23:00 to 23:59: 3.6%

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 Ladysmith Ranks in British Columbia for Mortgage Business

The following table lists how Ladysmith 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
41TRAIL, BC 0.052%
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%

Types of Mortgage Inquiries Received from Ladysmith


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 28.6%
Refinance / Debt Consolidation: 25.0%
No Money Down Mortgage (discontinued): 14.3%
First-time Home Buyer: 7.1%
Mortgage Renewal: 7.1%
New Home Purchase: 7.1%
Other: 10.8%
 
Total Application Types Found: 9

Age Demographics for Ladysmith Mortgages

Average age: 40
Oldest age: 65
Youngest age: 21


Incomes for Ladysmith Mortgages

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

Average annual gross income for
mortgage applicants in Ladysmith: $53,257.56
applicants within all of Canada: $60,852.54
Difference: ($7,594.99)
  
mortgage co-applicants in Ladysmith: $39,436.36
co-applicants within all of Canada: $43,965.51
Difference: ($4,529.15)

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


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