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Port Coquitlam Mortgage Information

Average Mortgage Loan in Port Coquitlam: $232,936

Busy Days for Mortgages Originating within Port Coquitlam

The data below plots the busy days for online 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 Port Coquitlam the most busy day of the week, with 21.28% of all submissions, is Wednesday. In comparison, Sunday's are the slowest day with only 8.51% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Wednesday: 21.3%
2 Monday: 19.1%
3 Tuesday: 19.1%
4 Friday: 12.8%
5 Saturday: 10.6%
6 Thursday: 8.5%
7 Sunday: 8.5%
Busy Days Report for Port Coquitlam Mortgages

Peak Hours for Mortgage Applicants within Port Coquitlam

In Port Coquitlam, mortgage applications are received 24 hours a day from the Mortgage Super Brokers web site. The time periods below represents the peak hours over a 24-hour period. The data is taken from all days of all years. Only 23.4% of all mortgages are received during the morning, while 68.1% arrive in the afternoon.


Peak Hours Graph for Mortgages in Port Coquitlam
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 4.3%
1AM 01:00 to 01:59: 4.3%
2AM 02:00 to 02:59: 0%
3AM 03:00 to 03:59: 2.1%
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: 2.1%
8AM 08:00 to 08:59: 2.1%
9AM 09:00 to 09:59: 4.3%
10AM 10:00 to 10:59: 8.5%
11AM 11:00 to 11:59: 4.3%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 8.5%
1PM 13:00 to 13:59: 2.1%
2PM 14:00 to 14:59: 4.3%
3PM 15:00 to 15:59: 8.5%
4PM 16:00 to 16:59: 8.5%
5PM 17:00 to 17:59: 2.1%
6PM 18:00 to 18:59: 12.8%
7PM 19:00 to 19:59: 0%
8PM 20:00 to 20:59: 6.4%
9PM 21:00 to 21:59: 0%
10PM 22:00 to 22:59: 4.3%
11PM 23:00 to 23:59: 10.6%

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 Port Coquitlam Ranks in British Columbia for Mortgage Business

The following table lists how Port Coquitlam 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
23QUESNEL, BC 0.097%
24TERRACE, BC 0.097%
25PENTICTON, BC 0.092%
26NELSON, BC 0.088%
27SALMON ARM, BC 0.081%
28PORT COQUITLAM, BC 0.081%
29MISSION, BC 0.080%
30COURTENAY, BC 0.078%
31WESTBANK, BC 0.078%
32CRANBROOK, BC 0.076%
33VANDERHOOF, BC 0.067%

Types of Mortgage Inquiries Received from Port Coquitlam


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 19.1%
Refinance / Debt Consolidation: 17.0%
Mortgage Renewal: 14.9%
New Home Purchase: 12.8%
First-time Home Buyer: 10.6%
No Money Down Mortgage (discontinued): 8.5%
Equity Mortgage: 6.4%
Variable Rate: 4.3%
Other: 6.3%
 
Total Application Types Found: 11

Age Demographics for Port Coquitlam Mortgage Applicants

Average age: 41
Oldest age: 67
Youngest age: 22


Incomes for Port Coquitlam Mortgage Applicants

The following depicts the average income of Canadians living in Port Coquitlam who have submitted a mortgage inquiry using the online application located at the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Port Coquitlam: $64,314.98
applicants within all of Canada: $60,852.54
Difference: $3,462.44
  
mortgage co-applicants in Port Coquitlam: $32,686.67
co-applicants within all of Canada: $43,965.51
Difference: ($11,278.85)

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


Last mortgage report update for Port Coquitlam: Friday, July 1, 2016
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