Canadian Maple Leaf Licensing Info: Alberta Mortgage #MW-0511205,
FSCO (Ontario) #10315,
Saskatchewan Mortgage #315872, and all other provinces.
 
Division of

The Mortgage Group®

Canada | BC | AB | SK | MB | ON | QC | NL | PE | NS | NB | YT | NU | NT

Sechelt Mortgage Information

Average Mortgage Loan in Sechelt: $247,978

Busy Days for Mortgages Originating within Sechelt

The bar graph below plots the busy days for Internet 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 Sechelt the busiest day, with approximately 20.69% of all inquiries, is Monday. In comparison, Sunday's are the slowest day with only 6.90% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 20.7%
2 Tuesday: 20.7%
3 Friday: 20.7%
4 Wednesday: 13.8%
5 Saturday: 10.3%
6 Thursday: 6.9%
7 Sunday: 6.9%
Busy Days Report for Sechelt Mortgages

Peak Hours for Mortgages within Sechelt

Applications are received 24 hours a day from our web site. The statistics shown below represents the rush hours over a 24-hour period. The data is taken from all days of all years. Only 3.4% of all mortgages are received before noon, while 86.2% arrive in the afternoon.


Peak Hours Graph for Mortgages in Sechelt
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 10.3%
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: 0%
8AM 08:00 to 08:59: 0%
9AM 09:00 to 09:59: 3.4%
10AM 10:00 to 10:59: 0%
11AM 11:00 to 11:59: 0%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 6.9%
1PM 13:00 to 13:59: 6.9%
2PM 14:00 to 14:59: 13.8%
3PM 15:00 to 15:59: 3.4%
4PM 16:00 to 16:59: 3.4%
5PM 17:00 to 17:59: 13.8%
6PM 18:00 to 18:59: 3.4%
7PM 19:00 to 19:59: 10.3%
8PM 20:00 to 20:59: 6.9%
9PM 21:00 to 21:59: 3.4%
10PM 22:00 to 22:59: 3.4%
11PM 23:00 to 23:59: 10.3%

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 Sechelt Ranks in British Columbia for Mortgage Business

The following table lists how Sechelt 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
37SPARWOOD, BC 0.055%
38PORT MOODY, BC 0.054%
39PRINCE RUPERT, BC 0.052%
40KIMBERLEY, BC 0.052%
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%

Types of Mortgage Inquiries Received from Sechelt


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 27.6%
No Money Down Mortgage (discontinued): 13.8%
First-time Home Buyer: 13.8%
Mortgage Renewal: 13.8%
New Home Purchase: 13.8%
Other: 17%
 
Total Application Types Found: 10

Age Demographics for Sechelt Mortgage Applicants

Average age: 43
Oldest age: 76
Youngest age: 23


Incomes for Sechelt Mortgage Applicants

The amounts shown below represent the average income of people living in Sechelt who have applied for a home loan using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Sechelt: $52,111.11
applicants within all of Canada: $60,852.54
Difference: ($8,741.43)
  
mortgage co-applicants in Sechelt: $45,064.00
co-applicants within all of Canada: $43,965.51
Difference: $1,098.49

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


Last mortgage report update for Sechelt: Friday, July 1, 2016
Mortgage Calculator
 
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for customers in the province of British Columbia.

Mortgage Product Type Inquiries
Mortgage Pre-approval24.41%
First-time Home Buyer15.13%
New Purchase14.58%
Refinance/Consolidate Debt13.90%
No Money Down discontinued11.80%
Mortgage Renewal10.39%
Other9.81%
 
Mortgage Rates
Check out how we stack up against our competition and compare our mortgage rates.
Mortgage Rates