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Espanola Mortgage Information

Average Mortgage Loan in Espanola: $126,182

Busy Days for Mortgages Originating within Espanola

The information listed below compares the busy days for online mortgage applications that were received by Super Brokers' web site. A combined total of all occurrences of each day are represented for the past 5 years. In Espanola the most busy day of the week, with 25.93% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 3.70% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 25.9%
2 Monday: 14.8%
3 Friday: 14.8%
4 Sunday: 14.8%
5 Thursday: 14.8%
6 Wednesday: 11.1%
7 Saturday: 3.7%
Busy Days Report for Espanola Mortgages

Peak Hours for Originated Mortgages within Espanola

Espanola mortgage applications are received 24 hours a day from the Super Brokers' web site. The information shown below indicates the rush hours within a 24-hour period. The data is taken from all days of all years. Only 14.8% of all mortgages are received before noon, while 77.8% arrive in the afternoon.


Peak Hours Graph for Mortgages in Espanola
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 3.7%
1AM 01:00 to 01:59: 3.7%
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: 0%
8AM 08:00 to 08:59: 7.4%
9AM 09:00 to 09:59: 3.7%
10AM 10:00 to 10:59: 3.7%
11AM 11:00 to 11:59: 0%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 3.7%
1PM 13:00 to 13:59: 7.4%
2PM 14:00 to 14:59: 3.7%
3PM 15:00 to 15:59: 3.7%
4PM 16:00 to 16:59: 7.4%
5PM 17:00 to 17:59: 7.4%
6PM 18:00 to 18:59: 7.4%
7PM 19:00 to 19:59: 22.2%
8PM 20:00 to 20:59: 7.4%
9PM 21:00 to 21:59: 3.7%
10PM 22:00 to 22:59: 0%
11PM 23:00 to 23:59: 3.7%

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 Espanola Ranks in Ontario for Mortgage Business

The following table lists how Espanola 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
135GANANOQUE, ON 0.048%
136NEWCASTLE, ON 0.048%
137PRESCOTT, ON 0.048%
138COCHRANE, ON 0.047%
139FRANKFORD, ON 0.047%
140ESPANOLA, ON 0.047%
141PORT DOVER, ON 0.047%
142ROCKLAND, ON 0.045%
143BLENHEIM, ON 0.045%
144PORT ELGIN, ON 0.045%
145NIAGARA ON THE LAKE, ON 0.045%

Types of Mortgage Inquiries Received from Espanola


Type of Mortgage Application Form Selected  Percentage
of Inquiries
First-time Home Buyer: 40.7%
New Home Purchase: 25.9%
Mortgage Pre-approval: 11.1%
Refinance / Debt Consolidation: 7.4%
No Money Down Mortgage (discontinued): 7.4%
Other: 7.4%
 
Total Application Types Found: 7

Age Demographics for Espanola Originated Mortgages

Average age: 34
Oldest age: 61
Youngest age: 19


Incomes for Espanola Originated Mortgages

The figures below represent the average income of Canadians living in Espanola who have submitted a mortgage inquiry using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Espanola: $56,059.12
applicants within all of Canada: $60,852.54
Difference: ($4,793.42)
  
mortgage co-applicants in Espanola: $32,650.00
co-applicants within all of Canada: $43,965.51
Difference: ($11,315.51)

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


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