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Chelmsford Mortgage Information

Average Mortgage Loan in Chelmsford: $178,342

Busy Days for Applications within Chelmsford

The graph below shows 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 Chelmsford the busiest day of the week, with 32.14% of all inquiries, is Tuesday. In comparison, Saturday'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 Monday: 25.0%
3 Friday: 10.7%
4 Sunday: 10.7%
5 Wednesday: 7.1%
6 Thursday: 7.1%
7 Saturday: 7.1%
Busy Days Report for Chelmsford Mortgages

Peak Hours for Mortgages within Chelmsford

Inquiries are received 24 hours a day via the Super Brokers' web site. The information shown below represents the rush hours in the day. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Chelmsford
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: 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: 7.1%
8AM 08:00 to 08:59: 3.6%
9AM 09:00 to 09:59: 10.7%
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: 0%
1PM 13:00 to 13:59: 0%
2PM 14:00 to 14:59: 3.6%
3PM 15:00 to 15:59: 0%
4PM 16:00 to 16:59: 14.3%
5PM 17:00 to 17:59: 7.1%
6PM 18:00 to 18:59: 0%
7PM 19:00 to 19:59: 21.4%
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: 3.6%

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 Chelmsford Ranks in Ontario for Mortgage Business

The following table lists how Chelmsford 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
129VAUGHAN, ON 0.052%
130TOTTENHAM, ON 0.052%
131GRAVENHURST, ON 0.050%
132KINCARDINE, ON 0.050%
133KAPUSKASING, ON 0.048%
134CHELMSFORD, ON 0.048%
135GANANOQUE, ON 0.048%
136NEWCASTLE, ON 0.048%
137PRESCOTT, ON 0.048%
138COCHRANE, ON 0.047%
139FRANKFORD, ON 0.047%

Types of Mortgage Inquiries Received from Chelmsford


Type of Mortgage Application Form Selected  Percentage
of Inquiries
First-time Home Buyer: 28.6%
Mortgage Pre-approval: 21.4%
No Money Down Mortgage (discontinued): 21.4%
Refinance / Debt Consolidation: 14.3%
Mortgage Renewal: 10.7%
Other: 3.6%
 
Total Application Types Found: 6

Age Demographics for Chelmsford Mortgages

Average age: 32
Oldest age: 54
Youngest age: 19


Incomes for Chelmsford Mortgages

The amounts below are the average income of Canadians living in Chelmsford who have applied for a mortgage loan using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Chelmsford: $46,553.75
applicants within all of Canada: $60,852.54
Difference: ($14,298.79)
  
mortgage co-applicants in Chelmsford: $41,600.00
co-applicants within all of Canada: $43,965.51
Difference: ($2,365.51)

Note: Commercial Mortgages were not included for this report, only residential mortgage loan amounts from Chelmsford, Ontario were used.


Last mortgage report update for Chelmsford: Friday, July 1, 2016
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Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for customers in the province of Ontario.

Mortgage Product Type Inquiries
Mortgage Pre-approval20.29%
First-time Home Buyer17.89%
Refinance/Consolidate Debt15.20%
New Purchase13.98%
Mortgage Renewal11.48%
No Money Down discontinued11.13%
Other10.01%
 
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