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Brantford Mortgage Information

Average Mortgage Loan in Brantford: $152,957

Busy Months for Applications within Brantford

The bar graph below represents the volumes of Web applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Brantford mostly occur during our first quarter (represented by the brown bars) with 31.47% while our slowest is the fourth quarter (represented by the red bars) with 17.13%.

Busy Months Report for Brantford Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 March: 11.5%
2 January: 10.1%
3 May: 9.8%
4 April: 9.8%
5 February: 9.8%
6 July: 9.4%
RankMonth Percentage of Applications
7 September: 8.4%
8 August: 7.3%
9 October: 7.0%
10 June: 6.6%
11 November: 5.2%
12 December: 4.9%

Busy Days for Mortgages within Brantford

The graph listed below plots the busy days for online applications that were received by Super Brokers' web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Brantford, the day with the most volume, having more than 19.58% of all applications, is Wednesday. In comparison, Sunday's are the slowest day with only 9.09% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Wednesday: 19.6%
2 Thursday: 17.1%
3 Monday: 16.1%
4 Tuesday: 15.7%
5 Friday: 12.2%
6 Saturday: 10.1%
7 Sunday: 9.1%
Busy Days Report for Brantford Mortgages

Peak Hours for Mortgage Applicants within Brantford

Applications are received 24 hours a day on our web site. The graph shown below represents the busy hours within a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Brantford
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 2.1%
1AM 01:00 to 01:59: 1.0%
2AM 02:00 to 02:59: 0%
3AM 03:00 to 03:59: 0.7%
4AM 04:00 to 04:59: 1.4%
5AM 05:00 to 05:59: 1.7%
6AM 06:00 to 06:59: 1.0%
7AM 07:00 to 07:59: 4.5%
8AM 08:00 to 08:59: 5.2%
9AM 09:00 to 09:59: 8.0%
10AM 10:00 to 10:59: 7.0%
11AM 11:00 to 11:59: 5.2%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 6.3%
1PM 13:00 to 13:59: 6.6%
2PM 14:00 to 14:59: 6.6%
3PM 15:00 to 15:59: 6.3%
4PM 16:00 to 16:59: 3.8%
5PM 17:00 to 17:59: 8.0%
6PM 18:00 to 18:59: 5.2%
7PM 19:00 to 19:59: 4.5%
8PM 20:00 to 20:59: 6.6%
9PM 21:00 to 21:59: 3.1%
10PM 22:00 to 22:59: 2.8%
11PM 23:00 to 23:59: 1.7%

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 Brantford Ranks in Ontario for Mortgage Business

The following table lists how Brantford 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
15OSHAWA, ON 0.614%
16ST CATHARINES, ON 0.536%
17NORTH YORK, ON 0.522%
18ETOBICOKE, ON 0.515%
19RICHMOND HILL, ON 0.512%
20BRANTFORD, ON 0.494%
21KINGSTON, ON 0.482%
22MARKHAM, ON 0.439%
23SAULT STE MARIE, ON 0.429%
24SUDBURY, ON 0.401%
25PETERBOROUGH, ON 0.401%

Types of Mortgage Inquiries Received from Brantford


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 24.5%
First-time Home Buyer: 16.4%
No Money Down Mortgage (discontinued): 16.1%
Refinance / Debt Consolidation: 15.4%
New Home Purchase: 12.9%
Mortgage Renewal: 7.3%
Other: 7.1%
 
Total Application Types Found: 14

Age Demographics for Brantford Mortgages

Average age: 36
Oldest age: 69
Youngest age: 20


Incomes for Brantford Mortgages

The following depicts the average income of Canadians living in Brantford who have submitted an inquiry using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Brantford: $49,926.42
applicants within all of Canada: $60,852.54
Difference: ($10,926.12)
  
mortgage co-applicants in Brantford: $32,865.24
co-applicants within all of Canada: $43,965.51
Difference: ($11,100.27)

Note: Commercial Mortgage loans were not included for this survey, only home loans were used.


Last mortgage report update for Brantford: Friday, July 1, 2016
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