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Victoria Mortgage Information
Average Mortgage Loan in Victoria: $256,122This graph shows the volumes of online mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Victoria occur during our first quarter (represented by the brown bars) with 32.49% while our slowest is the fourth quarter (represented by the red bars) with 15.69%.

Rankings for Busy Mortgage Months
Rank | Month | | Percentage of Applications |
---|
1 | February: | | 13.2% |
2 | January: | | 10.6% |
3 | April: | | 10.6% |
4 | May: | | 10.4% |
5 | June: | | 10.1% |
6 | March: | | 8.7% |
Rank | Month | | Percentage of Applications |
---|
7 | September: | | 7.8% |
8 | August: | | 6.7% |
9 | July: | | 6.2% |
10 | October: | | 6.2% |
11 | November: | | 5.9% |
12 | December: | | 3.6% |
The bar graph listed below plots the busy days for Internet applications that were received by the Super Brokers web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Victoria the busiest day, with approximately 20.17% of all inquiries, is Tuesday. In comparison, Saturday's are the slowest day with only 9.52% of all inquiries.
Rank | Day of the Week | Percentage of Applications |
---|
1 | Tuesday: | 20.2% |
2 | Monday: | 19.1% |
3 | Thursday: | 15.1% |
4 | Wednesday: | 13.7% |
5 | Sunday: | 11.8% |
6 | Friday: | 10.6% |
7 | Saturday: | 9.5% |

In Victoria, inquiries are received 24 hours a day via the Super Brokers web site. The graph shown below indicates the busy hours over a 24-hour period. The data is taken from all days of all years. Only 21.0% of all mortgages are received before noon, while 72.5% arrive in the afternoon.

Time | Period (24 Hour) | Percentage of Applications |
---|
12AM | 00:00 to 00:59: | 3.1%
|
1AM | 01:00 to 01:59: | 2.2%
|
2AM | 02:00 to 02:59: | 1.1%
|
3AM | 03:00 to 03:59: | 0.3%
|
4AM | 04:00 to 04:59: | 0%
|
5AM | 05:00 to 05:59: | 0.3%
|
6AM | 06:00 to 06:59: | 1.1%
|
7AM | 07:00 to 07:59: | 0.6%
|
8AM | 08:00 to 08:59: | 1.4%
|
9AM | 09:00 to 09:59: | 5.6%
|
10AM | 10:00 to 10:59: | 3.9%
|
11AM | 11:00 to 11:59: | 7.8%
|
Time | Period (24 Hour) | Percentage of Applications |
---|
Lunch | 12:00 to 12:59: | 7.8%
|
1PM | 13:00 to 13:59: | 6.7%
|
2PM | 14:00 to 14:59: | 5.3%
|
3PM | 15:00 to 15:59: | 7.0%
|
4PM | 16:00 to 16:59: | 7.3%
|
5PM | 17:00 to 17:59: | 5.9%
|
6PM | 18:00 to 18:59: | 4.8%
|
7PM | 19:00 to 19:59: | 8.1%
|
8PM | 20:00 to 20:59: | 6.2%
|
9PM | 21:00 to 21:59: | 3.9%
|
10PM | 22:00 to 22:59: | 5.6%
|
11PM | 23:00 to 23:59: | 3.9%
|
The following table lists how Victoria 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.
Type of Mortgage Application Form Selected | | Percentage of Inquiries |
---|
Mortgage Pre-approval: | | 24.6% |
No Money Down Mortgage (discontinued): | | 14.8% |
First-time Home Buyer: | | 14.3% |
Mortgage Renewal: | | 13.2% |
New Home Purchase: | | 13.2% |
Refinance / Debt Consolidation: | | 10.9% |
Other: | | 9% |
|
Total Application Types Found: 15 |
Average age: 40
Oldest age: 82
Youngest age: 20
The figures below represent the average income of Canadians living in Victoria who have submitted an inquiry using the pre-approval application on Mortgage Super Brokers' web site.
Average annual gross income for | |
---|
mortgage applicants in Victoria: | $62,874.44 |
applicants within all of Canada: | $60,852.54 |
Difference: | $2,021.90 |
| |
mortgage co-applicants in Victoria: | $44,587.12 |
co-applicants within all of Canada: | $43,965.51 |
Difference: | $621.60 |
Note: Commercial Mortgages were not included for this survey, only residential loans amounts were used.