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Orillia Mortgage Information

Average Mortgage Loan in Orillia: $157,187

Busy Months for Mortgage Applications within Orillia

The following bar graph depicts the volumes of online mortgage 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 Mortgage Applications within Orillia

The information below illustrates the busy days for online mortgage applications that were received by Super Brokers' web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Orillia the busiest day of the week, with 19.83% of all submissions, 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 Based Mortgages within Orillia

In Orillia, mortgage applications are received 24 hours a day from the Super Brokers' web site. The information shown below indicates the rush hours in the day. The data is taken from all days of all years. Only 35.3% of all mortgages are received during the morning, 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: 21.18%
British Columbia: 10.35%
Manitoba: 2.00%
New Brunswick: 2.52%
Newfoundland and Labrador: 1.30%
Nova Scotia: 3.29%
Northwest Territories: 0.48%
Nunavut: 0.09%
Ontario: 47.21%
Prince Edward Island: 0.50%
Quebec: 3.93%
Saskatchewan: 5.06%
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 0.241%
44NORTH BAY, ON 0.236%
45STONEY CREEK, ON 0.235%
46WOODBRIDGE, ON 0.205%
47CHATHAM, ON 0.202%
48ORILLIA, ON 0.200%
49AURORA, ON 0.176%
50ST THOMAS, ON 0.174%
51ORANGEVILLE, ON 0.164%
52BROCKVILLE, ON 0.160%
53KESWICK, ON 0.154%

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 Based Mortgages

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


Incomes for Orillia Based Mortgages

The amounts shown below represent the average income of Canadians living in Orillia who have applied for a home loan using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Orillia: $41,274.13
applicants within all of Canada: $60,871.80
Difference: ($19,597.67)
  
mortgage co-applicants in Orillia: $34,184.87
co-applicants within all of Canada: $44,075.54
Difference: ($9,890.67)

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


Last mortgage report update for Orillia: Thursday, August 13, 2015
Mortgage Calculator
 
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Orleans.

Mortgage Product Type Inquiries
Mortgage Renewal21.83%
Refinance/Consolidate Debt21.13%
New Purchase15.49%
Mortgage Pre-approval14.79%
No Money Down discontinued11.27%
First-time Home Buyer7.75%
Other7.72%
 
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