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Revelstoke Mortgage Information

Average Mortgage Loan in Revelstoke: $182,980

Busy Days for Mortgage Applications within Revelstoke

The information listed below illustrates the busy days for online mortgage applications that were received by Super Brokers' web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Revelstoke the busiest day, with 21.21% of all applications, is Monday. In comparison, Saturday's are the slowest day with only 6.06% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 21.2%
2 Wednesday: 21.2%
3 Thursday: 21.2%
4 Tuesday: 15.2%
5 Sunday: 9.1%
6 Friday: 6.1%
7 Saturday: 6.1%
Busy Days Report for Revelstoke Mortgages

Peak Hours for Originated Mortgages within Revelstoke

In Revelstoke, mortgages are received 24 hours a day from the Super Brokers' web site. The graph shown below indicates the peak hours in the day. The data is taken from all days of all years. Only 30.3% of all mortgages are received during the morning, while 69.7% arrive in the afternoon.


Peak Hours Graph for Mortgages in Revelstoke
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0%
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: 0%
5AM 05:00 to 05:59: 0%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 3.0%
8AM 08:00 to 08:59: 6.1%
9AM 09:00 to 09:59: 3.0%
10AM 10:00 to 10:59: 9.1%
11AM 11:00 to 11:59: 9.1%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 6.1%
1PM 13:00 to 13:59: 9.1%
2PM 14:00 to 14:59: 6.1%
3PM 15:00 to 15:59: 12.1%
4PM 16:00 to 16:59: 3.0%
5PM 17:00 to 17:59: 3.0%
6PM 18:00 to 18:59: 0%
7PM 19:00 to 19:59: 6.1%
8PM 20:00 to 20:59: 12.1%
9PM 21:00 to 21:59: 6.1%
10PM 22:00 to 22:59: 3.0%
11PM 23:00 to 23:59: 3.0%

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 Revelstoke Ranks in British Columbia for Mortgage Business

The following table lists how Revelstoke 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
31WESTBANK, BC 0.078%
32CRANBROOK, BC 0.076%
33VANDERHOOF, BC 0.067%
34WILLIAMS LAKE, BC 0.066%
35DUNCAN, BC 0.066%
36REVELSTOKE, BC 0.057%
37SPARWOOD, BC 0.055%
38PORT MOODY, BC 0.054%
39PRINCE RUPERT, BC 0.052%
40KIMBERLEY, BC 0.052%
41TRAIL, BC 0.052%

Types of Mortgage Inquiries Received from Revelstoke


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 21.2%
New Home Purchase: 18.2%
First-time Home Buyer: 18.2%
Mortgage Pre-approval: 15.2%
Mortgage Renewal: 12.1%
Equity Mortgage: 6.1%
Other: 9%
 
Total Application Types Found: 9

Age Demographics for Revelstoke Mortgage Applicants

Average age: 39
Oldest age: 75
Youngest age: 21


Incomes for Revelstoke Mortgage Applicants

The numbers below represent the average income of applicants living in Revelstoke who have submitted an inquiry using the online application located at the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Revelstoke: $55,568.63
applicants within all of Canada: $60,852.54
Difference: ($5,283.92)
  
mortgage co-applicants in Revelstoke: $20,311.11
co-applicants within all of Canada: $43,965.51
Difference: ($23,654.40)

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


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