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Port Alberni Mortgage Information

Average Mortgage Loan in Port Alberni: $140,284

Busy Months for Mortgage Inquiries within Port Alberni

The bar graph below shows the volumes of online mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Port Alberni happen to occur during our second quarter (represented by the green bars) with 42.11% while our slowest is the fourth quarter (represented by the red bars) with 15.79%.

Busy Months Report for Port Alberni Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 April: 21.1%
2 May: 12.3%
3 July: 10.5%
4 November: 8.8%
5 January: 8.8%
6 June: 8.8%
RankMonth Percentage of Applications
7 September: 8.8%
8 February: 7.0%
9 December: 5.3%
10 August: 5.3%
11 March: 1.8%
12 October: 1.8%

Busy Days for Online Applications within Port Alberni

The graph below illustrates the busy days for online applications that were received by Super Brokers' web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Port Alberni the most busy day of the week, with 21.05% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 7.02% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 21.1%
2 Monday: 19.3%
3 Wednesday: 15.8%
4 Friday: 14.0%
5 Thursday: 12.3%
6 Sunday: 10.5%
7 Saturday: 7.0%
Busy Days Report for Port Alberni Mortgages

Peak Hours for Mortgage Applicants within Port Alberni

In Port Alberni, mortgages are received 24 hours a day via the Super Brokers' web site. The time periods below represents the peak hours within a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Port Alberni
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 3.5%
1AM 01:00 to 01:59: 1.8%
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: 0%
6AM 06:00 to 06:59: 1.8%
7AM 07:00 to 07:59: 0%
8AM 08:00 to 08:59: 0%
9AM 09:00 to 09:59: 3.5%
10AM 10:00 to 10:59: 8.8%
11AM 11:00 to 11:59: 8.8%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 3.5%
1PM 13:00 to 13:59: 5.3%
2PM 14:00 to 14:59: 5.3%
3PM 15:00 to 15:59: 3.5%
4PM 16:00 to 16:59: 1.8%
5PM 17:00 to 17:59: 5.3%
6PM 18:00 to 18:59: 7.0%
7PM 19:00 to 19:59: 10.5%
8PM 20:00 to 20:59: 7.0%
9PM 21:00 to 21:59: 8.8%
10PM 22:00 to 22:59: 5.3%
11PM 23:00 to 23:59: 8.8%

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 Port Alberni Ranks in British Columbia for Mortgage Business

The following table lists how Port Alberni 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
17DELTA, BC 0.168%
18NEW WESTMINSTER, BC 0.159%
19VERNON, BC 0.156%
20DAWSON CREEK, BC 0.112%
21CAMPBELL RIVER, BC 0.111%
22PORT ALBERNI, BC 0.099%
23QUESNEL, BC 0.097%
24TERRACE, BC 0.097%
25PENTICTON, BC 0.092%
26NELSON, BC 0.088%
27SALMON ARM, BC 0.081%

Types of Mortgage Inquiries Received from Port Alberni


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 26.3%
Refinance / Debt Consolidation: 19.3%
No Money Down Mortgage (discontinued): 19.3%
First-time Home Buyer: 15.8%
New Home Purchase: 10.5%
Mortgage Renewal: 5.3%
Other: 3.6%
 
Total Application Types Found: 8

Age Demographics for Port Alberni Mortgages

Average age: 39
Oldest age: 70
Youngest age: 19


Incomes for Port Alberni Mortgages

The amounts shown below represent the average income of applicants living in Port Alberni who have applied for a home loan using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Port Alberni: $48,129.66
applicants within all of Canada: $60,852.54
Difference: ($12,722.88)
  
mortgage co-applicants in Port Alberni: $33,385.90
co-applicants within all of Canada: $43,965.51
Difference: ($10,579.61)

Note: Commercial loans were not included for this report, only residential mortgages from Port Alberni, British Columbia were used.


Last mortgage report update for Port Alberni: Friday, July 1, 2016
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Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Dawson Creek.

Mortgage Product Type Inquiries
First-time Home Buyer27.69%
Mortgage Pre-approval21.54%
New Purchase16.92%
Refinance/Consolidate Debt15.38%
No Money Down discontinued10.77%
Mortgage Renewal6.15%
Other1.54%
 
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