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Orillia Mortgage Information

Average Mortgage Loan in Orillia: $157,187

Busy Months for Mortgage Applications within Orillia

The graph below shows the volumes of Internet applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Orillia seem to occur during our first quarter (represented by the brown bars) with 29.31% while our slowest is the fourth quarter (represented by the red bars) with 20.69%.

Busy Months Report for Orillia Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 January: 11.2%
2 July: 11.2%
3 April: 10.3%
4 March: 10.3%
5 August: 9.5%
6 November: 8.6%
RankMonth Percentage of Applications
7 September: 8.6%
8 February: 7.8%
9 October: 7.8%
10 May: 5.2%
11 June: 5.2%
12 December: 4.3%

Busy Days for Mortgages within Orillia

The bar graph listed below shows the busy days for mortgage inquiries that were received by our web site. Each day is a representation of the combined 6-year total of all instances of that day. In Orillia the most busy day of the week, with 19.83% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 8.62% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 19.8%
2 Wednesday: 19.0%
3 Monday: 18.1%
4 Friday: 13.8%
5 Thursday: 10.3%
6 Sunday: 10.3%
7 Saturday: 8.6%
Busy Days Report for Orillia Mortgages

Peak Hours for Mortgage Applicants within Orillia

Inquiries are received 24 hours a day from the Mortgage Super Brokers web site. The statistics shown below represents the rush hours over a 24-hour period. The data is taken from all days of all years. Only 35.3% of all mortgages are received before noon, while 63.8% arrive in the afternoon.


Peak Hours Graph for Mortgages in Orillia
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0.9%
1AM 01:00 to 01:59: 0%
2AM 02:00 to 02:59: 0%
3AM 03:00 to 03:59: 0.9%
4AM 04:00 to 04:59: 1.7%
5AM 05:00 to 05:59: 1.7%
6AM 06:00 to 06:59: 2.6%
7AM 07:00 to 07:59: 3.4%
8AM 08:00 to 08:59: 9.5%
9AM 09:00 to 09:59: 4.3%
10AM 10:00 to 10:59: 6.0%
11AM 11:00 to 11:59: 5.2%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 7.8%
1PM 13:00 to 13:59: 6.9%
2PM 14:00 to 14:59: 6.9%
3PM 15:00 to 15:59: 7.8%
4PM 16:00 to 16:59: 5.2%
5PM 17:00 to 17:59: 2.6%
6PM 18:00 to 18:59: 10.3%
7PM 19:00 to 19:59: 10.3%
8PM 20:00 to 20:59: 0.9%
9PM 21:00 to 21:59: 2.6%
10PM 22:00 to 22:59: 1.7%
11PM 23:00 to 23:59: 0.9%

Ontario Mortgage Originations Compared to all other Provinces and Territories


Online Mortgage Origination for the Province or Territory of Percentage of Applications
Alberta: 21.16%
British Columbia: 10.37%
Manitoba: 1.99%
New Brunswick: 2.51%
Newfoundland and Labrador: 1.29%
Nova Scotia: 3.29%
Northwest Territories: 0.49%
Nunavut: 0.10%
Ontario: 47.28%
Prince Edward Island: 0.50%
Quebec: 3.94%
Saskatchewan: 5.05%
Yukon: 0.47%

How Orillia Ranks in Ontario for Mortgage Business

The following table lists how Orillia 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
43WELLAND, ON 0.243%
44STONEY CREEK, ON 0.236%
45NORTH BAY, ON 0.236%
46WOODBRIDGE, ON 0.206%
47CHATHAM, ON 0.203%
48ORILLIA, ON 0.201%
49AURORA, ON 0.177%
50ST THOMAS, ON 0.175%
51ORANGEVILLE, ON 0.163%
52BROCKVILLE, ON 0.161%
53KESWICK, ON 0.153%

Types of Mortgage Inquiries Received from Orillia


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 21.6%
First-time Home Buyer: 21.6%
No Money Down Mortgage (discontinued): 15.5%
New Home Purchase: 14.7%
Refinance / Debt Consolidation: 12.9%
Mortgage Renewal: 7.8%
Other: 6.2%
 
Total Application Types Found: 12

Age Demographics for Orillia Originated Mortgages

Average age: 37
Oldest age: 66
Youngest age: 19


Incomes for Orillia Originated Mortgages

The following depicts the average income of Canadians living in Orillia who have submitted an inquiry using the online application located at the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Orillia: $41,274.13
applicants within all of Canada: $60,841.69
Difference: ($19,567.56)
  
mortgage co-applicants in Orillia: $34,184.87
co-applicants within all of Canada: $44,024.91
Difference: ($9,840.04)

Note: Commercial Mortgages were not included for this section, only residential mortgage loans were used.


Last mortgage report update for Orillia: Wednesday, May 20, 2015
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Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Alliston.

Mortgage Product Type Inquiries
First-time Home Buyer18.97%
Mortgage Pre-approval17.24%
No Money Down discontinued15.52%
Mortgage Renewal12.07%
New Purchase12.07%
Refinance/Consolidate Debt10.34%
Commercial Financing6.90%
Other6.89%