Canadian Maple Leaf Licensing Info: FSCO (Ontario) #11363,
and serving all other provinces.
 
Canada | BC | AB | SK | MB | ON | QC | NL | PE | NS | NB | YT | NU | NT

Amherst Mortgage Information

Average Mortgage Loan in Amherst: $89,854

Busy Months for Online Mortgages within Amherst

This graph represents the volumes of online mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Amherst seem to occur during our second quarter (represented by the green bars) with 26.98% while our slowest is the first quarter (represented by the brown bars) with 22.22%.

Busy Months Report for Amherst Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 November: 14.3%
2 June: 14.3%
3 January: 11.1%
4 April: 9.5%
5 July: 9.5%
6 August: 7.9%
RankMonth Percentage of Applications
7 October: 7.9%
8 September: 7.9%
9 February: 6.3%
10 March: 4.8%
11 May: 3.2%
12 December: 3.2%

Busy Days for Mortgage Applications within Amherst

The bar graph listed below shows the busy days for Internet mortgage applications that were received by the Super Brokers web site. A combined total of all occurrences of each day are represented for the past 5 years. In Amherst the most busy day of the week, with 23.81% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 4.76% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 23.8%
2 Friday: 20.6%
3 Wednesday: 19.1%
4 Monday: 12.7%
5 Sunday: 9.5%
6 Thursday: 9.5%
7 Saturday: 4.8%
Busy Days Report for Amherst Mortgages

Peak Hours for Mortgages within Amherst

Mortgage applications are received 24 hours a day via the Mortgage Super Brokers web site. The report 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 Amherst
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: 1.6%
3AM 03:00 to 03:59: 1.6%
4AM 04:00 to 04:59: 1.6%
5AM 05:00 to 05:59: 4.8%
6AM 06:00 to 06:59: 3.2%
7AM 07:00 to 07:59: 1.6%
8AM 08:00 to 08:59: 9.5%
9AM 09:00 to 09:59: 3.2%
10AM 10:00 to 10:59: 6.3%
11AM 11:00 to 11:59: 9.5%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.9%
1PM 13:00 to 13:59: 7.9%
2PM 14:00 to 14:59: 4.8%
3PM 15:00 to 15:59: 3.2%
4PM 16:00 to 16:59: 4.8%
5PM 17:00 to 17:59: 4.8%
6PM 18:00 to 18:59: 9.5%
7PM 19:00 to 19:59: 4.8%
8PM 20:00 to 20:59: 7.9%
9PM 21:00 to 21:59: 1.6%
10PM 22:00 to 22:59: 0%
11PM 23:00 to 23:59: 0%

Nova Scotia 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 Amherst Ranks in Nova Scotia for Mortgage Business

The following table lists how Amherst 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
1HALIFAX, NS 0.436%
2DARTMOUTH, NS 0.308%
3SYDNEY, NS 0.190%
4TRURO, NS 0.169%
5LOWER SACKVILLE, NS 0.111%
6AMHERST, NS 0.109%
7YARMOUTH, NS 0.090%
8GLACE BAY, NS 0.071%
9KENTVILLE, NS 0.054%
10BRIDGEWATER, NS 0.054%
11BEDFORD, NS 0.047%

Types of Mortgage Inquiries Received from Amherst


Type of Mortgage Application Form Selected  Percentage
of Inquiries
New Home Purchase: 28.6%
Mortgage Pre-approval: 23.8%
First-time Home Buyer: 22.2%
No Money Down Mortgage (discontinued): 9.5%
Refinance / Debt Consolidation: 6.3%
Other: 9.6%
 
Total Application Types Found: 9

Age Demographics for Amherst Mortgage Applicants

Average age: 39
Oldest age: 63
Youngest age: 21


Incomes for Amherst Mortgage Applicants

The amounts below are the average income of Canadians living in Amherst who have submitted a mortgage inquiry using the online application located at the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Amherst: $36,065.65
applicants within all of Canada: $60,852.54
Difference: ($24,786.89)
  
mortgage co-applicants in Amherst: $32,626.42
co-applicants within all of Canada: $43,965.51
Difference: ($11,339.09)

Note: Commercial Mortgages were not included for this report, only residential loans amounts from Amherst, Nova Scotia were used.


Last mortgage report update for Amherst: Friday, July 1, 2016
Mortgage Calculator
 
Mortgage Rates
Wait! Before you apply for a mortgage through your bank, make sure you aren't leaving money on the table. Compare the best mortgage rates in Canada right now. It'll only take a minute, but you'll be surprised just how much you can save!
Mortgage Rates
 
Did you know? The average home loan in North Sydney is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.
Nova Scotia