
The Mortgage Group®
Hamilton Mortgage Information
Average Mortgage Loan in Hamilton: $156,821Busy Months for Mortgage Applications within Hamilton
This bar graph displays the volumes of Web applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Hamilton happen to occur during our first quarter (represented by the brown bars) with 31.75% while our slowest is the fourth quarter (represented by the red bars) with 17.72%.

Rankings for Busy Mortgage Months
Rank | Month | Percentage of Applications | |
---|---|---|---|
1 | February: | 11.7% | |
2 | January: | 10.2% | |
3 | March: | 9.9% | |
4 | June: | 9.6% | |
5 | April: | 9.5% | |
6 | May: | 8.1% |
Rank | Month | Percentage of Applications | |
---|---|---|---|
7 | August: | 8.0% | |
8 | September: | 7.8% | |
9 | July: | 7.5% | |
10 | October: | 6.9% | |
11 | November: | 6.5% | |
12 | December: | 4.3% |
Busy Days for Applications within Hamilton
The information listed below illustrates the busy days for online mortgage 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 Hamilton the most busy day of the week, with 17.36% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 8.32% of all inquiries.
Rank | Day of the Week | Percentage of Applications |
---|---|---|
1 | Tuesday: | 17.4% |
2 | Wednesday: | 16.4% |
3 | Monday: | 15.9% |
4 | Thursday: | 15.6% |
5 | Sunday: | 13.6% |
6 | Friday: | 12.8% |
7 | Saturday: | 8.3% |

Peak Hours for Originated Mortgages within Hamilton
Hamilton mortgage applications are received 24 hours a day from the 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. Only 33.9% of all mortgages are received before noon, while 64.6% arrive in the afternoon.

Time | Period (24 Hour) | Percentage of Applications |
---|---|---|
12AM | 00:00 to 00:59: | 0.7% |
1AM | 01:00 to 01:59: | 0.7% |
2AM | 02:00 to 02:59: | 0.1% |
3AM | 03:00 to 03:59: | 0.4% |
4AM | 04:00 to 04:59: | 1.0% |
5AM | 05:00 to 05:59: | 1.5% |
6AM | 06:00 to 06:59: | 2.7% |
7AM | 07:00 to 07:59: | 4.9% |
8AM | 08:00 to 08:59: | 5.8% |
9AM | 09:00 to 09:59: | 6.3% |
10AM | 10:00 to 10:59: | 6.8% |
11AM | 11:00 to 11:59: | 4.5% |
Time | Period (24 Hour) | Percentage of Applications |
---|---|---|
Lunch | 12:00 to 12:59: | 8.4% |
1PM | 13:00 to 13:59: | 6.8% |
2PM | 14:00 to 14:59: | 8.1% |
3PM | 15:00 to 15:59: | 4.3% |
4PM | 16:00 to 16:59: | 6.4% |
5PM | 17:00 to 17:59: | 4.9% |
6PM | 18:00 to 18:59: | 6.5% |
7PM | 19:00 to 19:59: | 6.4% |
8PM | 20:00 to 20:59: | 6.2% |
9PM | 21:00 to 21:59: | 3.6% |
10PM | 22:00 to 22:59: | 2.1% |
11PM | 23:00 to 23:59: | 0.8% |
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 Hamilton Ranks in Ontario for Mortgage Business
The following table lists how Hamilton 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.
Rank | Location | Contribution |
---|---|---|
1 | TORONTO, ON | 4.353% |
2 | MISSISSAUGA, ON | 2.356% |
3 | OTTAWA, ON | 2.125% |
4 | LONDON, ON | 1.487% |
5 | BRAMPTON, ON | 1.476% |
6 | HAMILTON, ON | 1.454% |
7 | KITCHENER, ON | 1.029% |
8 | SCARBOROUGH, ON | 0.854% |
9 | WINDSOR, ON | 0.783% |
10 | BARRIE, ON | 0.768% |
11 | BURLINGTON, ON | 0.752% |
Types of Mortgage Inquiries Received from Hamilton
Type of Mortgage Application Form Selected | Percentage of Inquiries | |
---|---|---|
Mortgage Pre-approval: | 20.5% | |
Refinance / Debt Consolidation: | 17.8% | |
First-time Home Buyer: | 16.8% | |
New Home Purchase: | 13.8% | |
No Money Down Mortgage (discontinued): | 12.4% | |
Mortgage Renewal: | 8.3% | |
Other: | 10.4% | |
Total Application Types Found: 19 |
Age Demographics for Hamilton Mortgage Applicants
Average age: 37
Oldest age: 86
Youngest age: 19
Incomes for Hamilton Mortgage Applicants
The information below represents the average income of Canadians living in Hamilton who have submitted an inquiry using the pre-approval application on Mortgage Super Brokers' web site.
Average annual gross income for | |
---|---|
mortgage applicants in Hamilton: | $52,078.47 |
applicants within all of Canada: | $60,852.54 |
Difference: | ($8,774.07) |
mortgage co-applicants in Hamilton: | $37,994.45 |
co-applicants within all of Canada: | $43,965.51 |
Difference: | ($5,971.07) |