Salt Spring Island Mortgage Information
Average Mortgage Loan in Salt Spring Island: $236,238Peak Hours for Mortgages within Salt Spring Island
Mortgage inquiries are received 24 hours a day on the Super Brokers' web site. The statistics shown below represents 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 70.0% arrive in the afternoon.

Time | Period (24 Hour) | Percentage of Applications |
---|---|---|
12AM | 00:00 to 00:59: | 0% |
1AM | 01:00 to 01:59: | 5.0% |
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: | 0% |
8AM | 08:00 to 08:59: | 5.0% |
9AM | 09:00 to 09:59: | 15.0% |
10AM | 10:00 to 10:59: | 0% |
11AM | 11:00 to 11:59: | 5.0% |
Time | Period (24 Hour) | Percentage of Applications |
---|---|---|
Lunch | 12:00 to 12:59: | 0% |
1PM | 13:00 to 13:59: | 10.0% |
2PM | 14:00 to 14:59: | 25.0% |
3PM | 15:00 to 15:59: | 10.0% |
4PM | 16:00 to 16:59: | 0% |
5PM | 17:00 to 17:59: | 0% |
6PM | 18:00 to 18:59: | 10.0% |
7PM | 19:00 to 19:59: | 0% |
8PM | 20:00 to 20:59: | 5.0% |
9PM | 21:00 to 21:59: | 5.0% |
10PM | 22:00 to 22:59: | 0% |
11PM | 23:00 to 23:59: | 5.0% |
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 Salt Spring Island Ranks in British Columbia for Mortgage Business
The following table lists how Salt Spring Island 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.
Rank | Location | Contribution |
---|---|---|
58 | FERNIE, BC | 0.036% |
59 | AGASSIZ, BC | 0.036% |
60 | PITT MEADOWS, BC | 0.036% |
61 | SMITHERS, BC | 0.036% |
62 | GIBSONS, BC | 0.036% |
63 | SALT SPRING ISLAND, BC | 0.035% |
64 | SUMMERLAND, BC | 0.035% |
65 | TUMBLER RIDGE, BC | 0.035% |
66 | HOPE, BC | 0.035% |
67 | ARMSTRONG, BC | 0.035% |
68 | QUALICUM BEACH, BC | 0.033% |
Types of Mortgage Inquiries Received from Salt Spring Island
Type of Mortgage Application Form Selected | Percentage of Inquiries | |
---|---|---|
Mortgage Pre-approval: | 15.0% | |
First-time Home Buyer: | 15.0% | |
Refinance / Debt Consolidation: | 15.0% | |
No Money Down Mortgage (discontinued): | 10.0% | |
Equity Mortgage: | 10.0% | |
Fixed Rate: | 5.0% | |
: | 5.0% | |
Low Doc: | 5.0% | |
Mortgage Renewal: | 5.0% | |
New Home Purchase: | 5.0% | |
HELOC: | 5.0% | |
Variable Rate: | 5.0% | |
Total Application Types Found: 12 |
Age Demographics for Salt Spring Island Originated Mortgages
Average age: 44
Oldest age: 72
Youngest age: 26
Incomes for Salt Spring Island Originated Mortgages
The following figures show the average income of people living in Salt Spring Island who have applied for a mortgage loan using Mortgage Super Brokers' pre-approval application.
Average annual gross income for | |
---|---|
mortgage applicants in Salt Spring Island: | $51,624.53 |
applicants within all of Canada: | $60,852.54 |
Difference: | ($9,228.02) |
mortgage co-applicants in Salt Spring Island: | $39,666.67 |
co-applicants within all of Canada: | $43,965.51 |
Difference: | ($4,298.85) |