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Brampton Mortgage Information

Average Mortgage Loan in Brampton: $211,380

Busy Months for Mortgages Originating within Brampton

This graph illustrates the volumes of online mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Brampton happen to occur during our first quarter (represented by the brown bars) with 32.79% while our slowest is the fourth quarter (represented by the red bars) with 14.40%.

Busy Months Report for Brampton Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 March: 13.0%
2 April: 10.4%
3 January: 10.1%
4 February: 9.7%
5 July: 9.0%
6 August: 8.9%
RankMonth Percentage of Applications
7 May: 8.8%
8 June: 8.3%
9 September: 7.4%
10 October: 5.4%
11 November: 5.3%
12 December: 3.8%

Busy Days for Online Applications within Brampton

The information below compares the busy days for Internet mortgage applications that were received by our web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Brampton the busiest day, with 20.73% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 8.78% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 20.7%
2 Monday: 17.2%
3 Thursday: 15.7%
4 Wednesday: 15.6%
5 Friday: 11.5%
6 Sunday: 10.5%
7 Saturday: 8.8%
Busy Days Report for Brampton Mortgages

Peak Hours for Mortgage Applicants within Brampton

Inquiries are received 24 hours a day on our web site. The report shown below represents the busy hours in the day. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Brampton
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0.8%
1AM 01:00 to 01:59: 0.8%
2AM 02:00 to 02:59: 0.2%
3AM 03:00 to 03:59: 0.5%
4AM 04:00 to 04:59: 0.6%
5AM 05:00 to 05:59: 1.1%
6AM 06:00 to 06:59: 2.6%
7AM 07:00 to 07:59: 6.0%
8AM 08:00 to 08:59: 6.3%
9AM 09:00 to 09:59: 6.6%
10AM 10:00 to 10:59: 10.3%
11AM 11:00 to 11:59: 6.1%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.3%
1PM 13:00 to 13:59: 5.3%
2PM 14:00 to 14:59: 6.4%
3PM 15:00 to 15:59: 4.8%
4PM 16:00 to 16:59: 6.4%
5PM 17:00 to 17:59: 5.3%
6PM 18:00 to 18:59: 7.3%
7PM 19:00 to 19:59: 4.9%
8PM 20:00 to 20:59: 4.4%
9PM 21:00 to 21:59: 3.3%
10PM 22:00 to 22:59: 1.9%
11PM 23:00 to 23:59: 0.9%

Ontario 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 Brampton Ranks in Ontario for Mortgage Business

The following table lists how Brampton 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
1TORONTO, ON 4.353%
2MISSISSAUGA, ON 2.356%
3OTTAWA, ON 2.125%
4LONDON, ON 1.487%
5BRAMPTON, ON 1.476%
6HAMILTON, ON 1.454%
7KITCHENER, ON 1.029%
8SCARBOROUGH, ON 0.854%
9WINDSOR, ON 0.783%
10BARRIE, ON 0.768%

Types of Mortgage Inquiries Received from Brampton


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 17.6%
Mortgage Renewal: 16.2%
Refinance / Debt Consolidation: 15.8%
First-time Home Buyer: 14.5%
New Home Purchase: 14.3%
No Money Down Mortgage (discontinued): 10.5%
Other: 11.1%
 
Total Application Types Found: 18

Age Demographics for Brampton Mortgage Applicants

Average age: 38
Oldest age: 76
Youngest age: 19


Incomes for Brampton Mortgage Applicants

The amounts shown below represent the average income of people living in Brampton who have submitted an inquiry using the pre-approval application on the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Brampton: $57,110.93
applicants within all of Canada: $60,852.54
Difference: ($3,741.62)
  
mortgage co-applicants in Brampton: $41,638.69
co-applicants within all of Canada: $43,965.51
Difference: ($2,326.82)

Note: Commercial loan amounts were not included for this section, only residential loans from Brampton, Ontario were used.

Nearest Settlements


1Cheltenham, Ontario
2Bolton, Ontario
3Kleinburg, Ontario
4Concord, Ontario
5Woodbridge, Ontario
6Georgetown, Ontario
7Willowdale, Ontario
8Schomberg, Ontario
9Palgrave, Ontario
10Hillsburgh, Ontario
11Etobicoke, Ontario
12Vaughan, Ontario
13Halton Hills, Ontario
14Rockwood, Ontario
15Terra Cotta, Ontario
16Hornby, Ontario
17Unionville, Ontario
18Caledon, Ontario
19Thornhill, Ontario
20Erin, Ontario
21Alton, Ontario
22Don Mills, Ontario
23York, Ontario
24Maple, Ontario
25North York, Ontario
26Orangeville, Ontario
27Acton, Ontario
28Richmond Hill, Ontario
29Downsview, Ontario
30Fergus, Ontario
31Gormley, Ontario
32Scarborough, Ontario
33Mississauga, Ontario
34Campbellville, Ontario
35Tottenham, Ontario
36Elora, Ontario
37Toronto, Ontario
38King City, Ontario
39East York, Ontario
40Pickering, Ontario
41Grand Valley, Ontario
42Aurora, Ontario
43Markham, Ontario
44Stouffville, Ontario
45Sharon, Ontario
46Shelburne, Ontario
47Newmarket, Ontario
48Milton, Ontario
49Cookstown, Ontario
50Claremont, Ontario
51Greenwood, Ontario
52Puslinch, Ontario
53Bradford, Ontario
54Ajax, Ontario
55Creemore, Ontario
56Guelph, Ontario
57Arthur, Ontario
58Kilbride, Ontario
59Elmira, Ontario
60Waterloo, Ontario
61Oakville, Ontario
62Goodwood, Ontario
63Holland Landing, Ontario
64Uxbridge, Ontario
65Brooklin, Ontario
66Everett, Ontario
67Moorefield, Ontario
68Carlisle, Ontario
69Borden, Ontario
70Oshawa, Ontario
71Wellesley, Ontario
72Whitby, Ontario
73Badjeros, Ontario
74Lisle, Ontario
75Loretto, Ontario


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

Mortgage Product Type Inquiries
First-time Home Buyer23.48%
Mortgage Pre-approval20.24%
New Purchase15.99%
No Money Down discontinued12.75%
Mortgage Renewal9.31%
Refinance/Consolidate Debt8.91%
Other9.3%
 
Did you know? The average home loan in St Marys is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.
Ontario