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Conception Bay South Mortgage Information

Average Mortgage Loan in Conception Bay South: $124,523

Busy Days for Mortgage Applications within Conception Bay South

The information below plots the busy days for online mortgage applications that were received by the Super Brokers web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Conception Bay South, the day with the most volume, generating 32.14% of all inquiries, is Tuesday. In comparison, Wednesday's are the slowest day with only 7.14% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 32.1%
2 Thursday: 17.9%
3 Sunday: 14.3%
4 Monday: 10.7%
5 Saturday: 10.7%
6 Friday: 7.1%
7 Wednesday: 7.1%
Busy Days Report for Conception Bay South Mortgages

Peak Hours for Based Mortgages within Conception Bay South

In Conception Bay South, inquiries are received 24 hours a day from our web site. The graph shown below represents the peak hours over a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Conception Bay South
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0%
1AM 01:00 to 01:59: 0%
2AM 02:00 to 02:59: 0%
3AM 03:00 to 03:59: 3.6%
4AM 04:00 to 04:59: 3.6%
5AM 05:00 to 05:59: 3.6%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 3.6%
8AM 08:00 to 08:59: 0%
9AM 09:00 to 09:59: 3.6%
10AM 10:00 to 10:59: 10.7%
11AM 11:00 to 11:59: 7.1%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.1%
1PM 13:00 to 13:59: 3.6%
2PM 14:00 to 14:59: 0%
3PM 15:00 to 15:59: 10.7%
4PM 16:00 to 16:59: 10.7%
5PM 17:00 to 17:59: 3.6%
6PM 18:00 to 18:59: 10.7%
7PM 19:00 to 19:59: 7.1%
8PM 20:00 to 20:59: 10.7%
9PM 21:00 to 21:59: 0%
10PM 22:00 to 22:59: 0%
11PM 23:00 to 23:59: 0%

Newfoundland and Labrador 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 Conception Bay South Ranks in Newfoundland and Labrador for Mortgage Business

The following table lists how Conception Bay South 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
1ST JOHN'S, NL 0.289%
2CORNER BROOK, NL 0.121%
3MOUNT PEARL, NL 0.088%
4PARADISE, NL 0.052%
5GRAND FALLS-WINDSOR, NL 0.050%
6CONCEPTION BAY SOUTH, NL 0.048%
7GANDER, NL 0.035%
8PORTUGAL COVE-ST PHILIPS, NL 0.033%
9HAPPY VALLEY-GOOSE BAY, NL 0.022%
10LABRADOR CITY, NL 0.022%
11GOULDS, NL 0.019%

Types of Mortgage Inquiries Received from Conception Bay South


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 28.6%
Mortgage Pre-approval: 21.4%
New Home Purchase: 14.3%
No Money Down Mortgage (discontinued): 14.3%
HELOC: 7.1%
First-time Home Buyer: 7.1%
Other: 7.2%
 
Total Application Types Found: 8

Age Demographics for Conception Bay South Applicants

Average age: 34
Oldest age: 51
Youngest age: 22


Incomes for Conception Bay South Applicants

The amounts below are the average income of people living in Conception Bay South who have applied for a home loan using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Conception Bay South: $48,434.15
applicants within all of Canada: $60,852.54
Difference: ($12,418.39)
  
mortgage co-applicants in Conception Bay South: $27,649.09
co-applicants within all of Canada: $43,965.51
Difference: ($16,316.42)

Note: Commercial loan amounts were not included for this survey, only home loans from Conception Bay South, Newfoundland and Labrador were used.


Last mortgage report update for Conception Bay South: Friday, July 1, 2016
Home Mortgage
 
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Corner Brook.

Mortgage Product Type Inquiries
New Purchase30.00%
Mortgage Pre-approval24.29%
No Money Down discontinued15.71%
First-time Home Buyer14.29%
Refinance/Consolidate Debt5.71%
Other10.01%
 
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