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Nepean Mortgage Information

Average Mortgage Loan in Nepean: $197,644

Busy Months for Mortgages within Nepean

The 6-year bar graph below displays the volumes of Internet applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Nepean occur during our second quarter (represented by the green bars) with 27.53% while our slowest is the fourth quarter (represented by the red bars) with 19.10%.

Busy Months Report for Nepean Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 June: 11.8%
2 May: 10.1%
3 August: 10.1%
4 March: 10.1%
5 July: 9.6%
6 February: 8.4%
RankMonth Percentage of Applications
7 January: 7.9%
8 November: 7.3%
9 September: 7.3%
10 October: 6.2%
11 December: 5.6%
12 April: 5.6%

Busy Days for Mortgages within Nepean

The bar graph listed below plots the busy days for Internet mortgage applications that were received by our web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Nepean the busiest day, with approximately 20.79% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 9.55% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 20.8%
2 Tuesday: 19.1%
3 Wednesday: 15.2%
4 Thursday: 14.6%
5 Sunday: 10.7%
6 Friday: 10.1%
7 Saturday: 9.6%
Busy Days Report for Nepean Mortgages

Peak Hours for Mortgage Applicants within Nepean

In Nepean, mortgage applications are received 24 hours a day via our web site. The statistics shown below indicates the busy hours in the day. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Nepean
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0.6%
1AM 01:00 to 01:59: 0%
2AM 02:00 to 02:59: 0%
3AM 03:00 to 03:59: 0.6%
4AM 04:00 to 04:59: 0%
5AM 05:00 to 05:59: 2.2%
6AM 06:00 to 06:59: 3.4%
7AM 07:00 to 07:59: 5.1%
8AM 08:00 to 08:59: 5.1%
9AM 09:00 to 09:59: 7.3%
10AM 10:00 to 10:59: 9.0%
11AM 11:00 to 11:59: 6.7%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 6.7%
1PM 13:00 to 13:59: 11.8%
2PM 14:00 to 14:59: 5.1%
3PM 15:00 to 15:59: 4.5%
4PM 16:00 to 16:59: 2.8%
5PM 17:00 to 17:59: 3.9%
6PM 18:00 to 18:59: 6.7%
7PM 19:00 to 19:59: 5.6%
8PM 20:00 to 20:59: 5.6%
9PM 21:00 to 21:59: 5.6%
10PM 22:00 to 22:59: 1.1%
11PM 23:00 to 23:59: 0.6%

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 Nepean Ranks in Ontario for Mortgage Business

The following table lists how Nepean 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
28THUNDER BAY, ON 0.379%
29WHITBY, ON 0.375%
30NIAGARA FALLS, ON 0.323%
31PICKERING, ON 0.313%
32NEWMARKET, ON 0.309%
33NEPEAN, ON 0.308%
34CORNWALL, ON 0.280%
35TIMMINS, ON 0.268%
36MILTON, ON 0.259%
37KANATA, ON 0.259%
38WOODSTOCK, ON 0.254%

Types of Mortgage Inquiries Received from Nepean


Type of Mortgage Application Form Selected  Percentage
of Inquiries
New Home Purchase: 23.0%
Mortgage Pre-approval: 20.2%
Mortgage Renewal: 18.0%
First-time Home Buyer: 12.4%
Refinance / Debt Consolidation: 11.8%
No Money Down Mortgage (discontinued): 9.6%
Other: 5.2%
 
Total Application Types Found: 12

Age Demographics for Nepean Based Mortgages

Average age: 38
Oldest age: 74
Youngest age: 21


Incomes for Nepean Based Mortgages

The figures below represent the average income of people living in Nepean who have applied for a home loan using the online application located at the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Nepean: $59,507.49
applicants within all of Canada: $60,852.54
Difference: ($1,345.05)
  
mortgage co-applicants in Nepean: $47,032.39
co-applicants within all of Canada: $43,965.51
Difference: $3,066.88

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


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