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White Rock Mortgage Information

Average Mortgage Loan in White Rock: $200,843

Busy Days for Mortgages Received within White Rock

The information listed below plots the busy days for mortgage applications that were received by our web site. A combined total of all occurrences of each day are represented for the past 5 years. In White Rock, the day with the most volume, having more than 28.00% of all applications, is Tuesday. In comparison, Friday's are the slowest day with only 4.00% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 28.0%
2 Monday: 20.0%
3 Thursday: 16.0%
4 Wednesday: 12.0%
5 Saturday: 12.0%
6 Sunday: 8.0%
7 Friday: 4.0%
Busy Days Report for White Rock Mortgages

Peak Hours for Applicants within White Rock

Mortgage inquiries are received 24 hours a day on our web site. The following indicates the rush hours in the day. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in White Rock
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 8.0%
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: 0%
8AM 08:00 to 08:59: 0%
9AM 09:00 to 09:59: 4.0%
10AM 10:00 to 10:59: 4.0%
11AM 11:00 to 11:59: 12.0%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 4.0%
1PM 13:00 to 13:59: 0%
2PM 14:00 to 14:59: 16.0%
3PM 15:00 to 15:59: 8.0%
4PM 16:00 to 16:59: 4.0%
5PM 17:00 to 17:59: 4.0%
6PM 18:00 to 18:59: 0%
7PM 19:00 to 19:59: 16.0%
8PM 20:00 to 20:59: 4.0%
9PM 21:00 to 21:59: 4.0%
10PM 22:00 to 22:59: 12.0%
11PM 23:00 to 23:59: 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 White Rock Ranks in British Columbia for Mortgage Business

The following table lists how White Rock 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
43MERRITT, BC 0.050%
44GRAND FORKS, BC 0.050%
45SOOKE, BC 0.050%
46LADYSMITH, BC 0.048%
47COMOX, BC 0.045%
48WHITE ROCK, BC 0.043%
49SQUAMISH, BC 0.041%
50KITIMAT, BC 0.040%
51CASTLEGAR, BC 0.040%
52POWELL RIVER, BC 0.040%
53PARKSVILLE, BC 0.040%

Types of Mortgage Inquiries Received from White Rock


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 28.0%
First-time Home Buyer: 20.0%
Refinance / Debt Consolidation: 20.0%
No Money Down Mortgage (discontinued): 8.0%
Mortgage Renewal: 8.0%
New Home Purchase: 8.0%
Other: 8%
 
Total Application Types Found: 8

Age Demographics for White Rock Mortgage Applicants

Average age: 41
Oldest age: 71
Youngest age: 28


Incomes for White Rock Mortgage Applicants

The figures below represent the average income of people living in White Rock who have submitted an inquiry using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in White Rock: $68,108.92
applicants within all of Canada: $60,852.54
Difference: $7,256.38
  
mortgage co-applicants in White Rock: $48,857.83
co-applicants within all of Canada: $43,965.51
Difference: $4,892.32

Note: Commercial loans were not included for this section, only home loans from White Rock, British Columbia were used.


Last mortgage report update for White Rock: Friday, July 1, 2016
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