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Vanderhoof Mortgage Information

Average Mortgage Loan in Vanderhoof: $156,294

Busy Days for Online Applications within Vanderhoof

The bar graph below illustrates the busy days for mortgage applications that were received by the Super Brokers web site. Each day is a representation of the combined 6-year total of all instances of that day. In Vanderhoof, the day with the most volume, generating 23.08% of all applications, is Friday. In comparison, Saturday's are the slowest day with only 7.69% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Friday: 23.1%
2 Tuesday: 20.5%
3 Wednesday: 20.5%
4 Thursday: 12.8%
5 Monday: 7.7%
6 Sunday: 7.7%
7 Saturday: 7.7%
Busy Days Report for Vanderhoof Mortgages

Peak Hours for Applicants within Vanderhoof

In Vanderhoof, mortgages are received 24 hours a day on the Super Brokers web site. The following represents the rush hours within a 24-hour period. The data is taken from all days of all years. Only 12.8% of all mortgages are received before noon, while 84.6% arrive in the afternoon.


Peak Hours Graph for Mortgages in Vanderhoof
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 2.6%
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: 5.1%
5AM 05:00 to 05:59: 0%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 2.6%
8AM 08:00 to 08:59: 0%
9AM 09:00 to 09:59: 0%
10AM 10:00 to 10:59: 0%
11AM 11:00 to 11:59: 5.1%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 15.4%
1PM 13:00 to 13:59: 10.3%
2PM 14:00 to 14:59: 0%
3PM 15:00 to 15:59: 7.7%
4PM 16:00 to 16:59: 2.6%
5PM 17:00 to 17:59: 10.3%
6PM 18:00 to 18:59: 10.3%
7PM 19:00 to 19:59: 0%
8PM 20:00 to 20:59: 5.1%
9PM 21:00 to 21:59: 5.1%
10PM 22:00 to 22:59: 7.7%
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 Vanderhoof Ranks in British Columbia for Mortgage Business

The following table lists how Vanderhoof 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
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%
34WILLIAMS LAKE, BC 0.066%
35DUNCAN, BC 0.066%
36REVELSTOKE, BC 0.057%
37SPARWOOD, BC 0.055%
38PORT MOODY, BC 0.054%

Types of Mortgage Inquiries Received from Vanderhoof


Type of Mortgage Application Form Selected  Percentage
of Inquiries
New Home Purchase: 25.6%
First-time Home Buyer: 23.1%
Mortgage Pre-approval: 20.5%
No Money Down Mortgage (discontinued): 12.8%
Refinance / Debt Consolidation: 10.3%
Other: 7.8%
 
Total Application Types Found: 8

Age Demographics for Vanderhoof Mortgage Applicants

Average age: 37
Oldest age: 59
Youngest age: 19


Incomes for Vanderhoof Mortgage Applicants

The amounts below are the average income of Canadians living in Vanderhoof who have applied for a mortgage loan using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Vanderhoof: $50,787.47
applicants within all of Canada: $60,852.54
Difference: ($10,065.07)
  
mortgage co-applicants in Vanderhoof: $50,656.67
co-applicants within all of Canada: $43,965.51
Difference: $6,691.15

Note: Commercial loans were not included for this survey, only residential mortgage loan amounts from Vanderhoof, British Columbia were used.


Last mortgage report update for Vanderhoof: Friday, July 1, 2016
Mortgage Calculator
 
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Victoria.

Mortgage Product Type Inquiries
Mortgage Pre-approval24.65%
No Money Down discontinued14.85%
First-time Home Buyer14.29%
Mortgage Renewal13.17%
New Purchase13.17%
Refinance/Consolidate Debt10.92%
Other8.96%
 
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