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Kirkland Lake Mortgage Information

Average Mortgage Loan in Kirkland Lake: $73,950

Busy Days for Mortgage Applications within Kirkland Lake

The bar graph listed below displays the busy days for mortgage applications that were received by Super Brokers. A combined total of all occurrences of each day are represented for the past 5 years. In Kirkland Lake, the day with the most volume, generating 25.81% of all inquiries, is Wednesday. In comparison, Sunday's are the slowest day with only 6.45% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Wednesday: 25.8%
2 Monday: 22.6%
3 Friday: 19.4%
4 Thursday: 12.9%
5 Tuesday: 6.5%
6 Saturday: 6.5%
7 Sunday: 6.5%
Busy Days Report for Kirkland Lake Mortgages

Peak Hours for Based Mortgages within Kirkland Lake

In Kirkland Lake, inquiries are received 24 hours a day on the Super Brokers' web site. The graph shown below indicates the rush hours over a 24-hour period. The data is taken from all days of all years. Only 29.0% of all mortgages are received during the morning, while 64.5% arrive in the afternoon.


Peak Hours Graph for Mortgages in Kirkland Lake
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 3.2%
1AM 01:00 to 01:59: 3.2%
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: 3.2%
7AM 07:00 to 07:59: 0%
8AM 08:00 to 08:59: 3.2%
9AM 09:00 to 09:59: 12.9%
10AM 10:00 to 10:59: 6.5%
11AM 11:00 to 11:59: 3.2%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 3.2%
1PM 13:00 to 13:59: 12.9%
2PM 14:00 to 14:59: 9.7%
3PM 15:00 to 15:59: 6.5%
4PM 16:00 to 16:59: 3.2%
5PM 17:00 to 17:59: 0%
6PM 18:00 to 18:59: 9.7%
7PM 19:00 to 19:59: 9.7%
8PM 20:00 to 20:59: 3.2%
9PM 21:00 to 21:59: 0%
10PM 22:00 to 22:59: 6.5%
11PM 23:00 to 23:59: 0%

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 Kirkland Lake Ranks in Ontario for Mortgage Business

The following table lists how Kirkland Lake 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
120BANCROFT, ON 0.057%
121STURGEON FALLS, ON 0.055%
122BRIGHTON, ON 0.055%
123ANGUS, ON 0.054%
124HARROW, ON 0.054%
125KIRKLAND LAKE, ON 0.054%
126RENFREW, ON 0.054%
127AYLMER, ON 0.054%
128KENORA, ON 0.052%
129VAUGHAN, ON 0.052%
130TOTTENHAM, ON 0.052%

Types of Mortgage Inquiries Received from Kirkland Lake


Type of Mortgage Application Form Selected  Percentage
of Inquiries
First-time Home Buyer: 32.3%
No Money Down Mortgage (discontinued): 19.4%
Mortgage Pre-approval: 16.1%
Refinance / Debt Consolidation: 12.9%
New Home Purchase: 9.7%
Other: 9.6%
 
Total Application Types Found: 8

Age Demographics for Kirkland Lake Mortgage Applicants

Average age: 39
Oldest age: 74
Youngest age: 24


Incomes for Kirkland Lake Mortgage Applicants

The following figures show the average income of people living in Kirkland Lake who have applied for a loan using Mortgage Super Brokers' online mortgage application.

Average annual gross income for
mortgage applicants in Kirkland Lake: $45,102.64
applicants within all of Canada: $60,852.54
Difference: ($15,749.90)
  
mortgage co-applicants in Kirkland Lake: $39,500.00
co-applicants within all of Canada: $43,965.51
Difference: ($4,465.51)

Note: Commercial Mortgage loans were not included for this section, only residential loans amounts were used.


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

Mortgage Product Type Inquiries
First-time Home Buyer25.32%
Mortgage Pre-approval16.46%
Refinance/Consolidate Debt16.46%
New Purchase16.46%
Mortgage Renewal13.92%
No Money Down discontinued6.33%
Other5.07%
 
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