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Petawawa Mortgage Information

Average Mortgage Loan in Petawawa: $167,735

Busy Months for Online Applications within Petawawa

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 Petawawa seem to occur during our second quarter (represented by the green bars) with 33.33% while our slowest is the fourth quarter (represented by the red bars) with 15.87%.

Busy Months Report for Petawawa Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 April: 20.6%
2 July: 15.9%
3 May: 11.1%
4 August: 9.5%
5 March: 9.5%
6 December: 6.3%
RankMonth Percentage of Applications
7 February: 6.3%
8 November: 4.8%
9 January: 4.8%
10 October: 4.8%
11 September: 4.8%
12 June: 1.6%

Busy Days for Online Mortgages within Petawawa

The data below shows the busy days for 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 Petawawa, the day with the most volume, having more than 22.22% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 6.35% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 22.2%
2 Friday: 17.5%
3 Tuesday: 15.9%
4 Wednesday: 14.3%
5 Sunday: 12.7%
6 Thursday: 11.1%
7 Saturday: 6.3%
Busy Days Report for Petawawa Mortgages

Peak Hours for Applicants within Petawawa

Inquiries are received 24 hours a day via the Super Brokers' web site. The information shown below represents the rush hours within a 24-hour period. The data is taken from all days of all years. Only 38.1% of all mortgages are received during the morning, while 58.7% arrive in the afternoon.


Peak Hours Graph for Mortgages in Petawawa
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 1.6%
1AM 01:00 to 01:59: 0%
2AM 02:00 to 02:59: 1.6%
3AM 03:00 to 03:59: 1.6%
4AM 04:00 to 04:59: 0%
5AM 05:00 to 05:59: 3.2%
6AM 06:00 to 06:59: 3.2%
7AM 07:00 to 07:59: 6.3%
8AM 08:00 to 08:59: 4.8%
9AM 09:00 to 09:59: 7.9%
10AM 10:00 to 10:59: 4.8%
11AM 11:00 to 11:59: 6.3%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 1.6%
1PM 13:00 to 13:59: 3.2%
2PM 14:00 to 14:59: 9.5%
3PM 15:00 to 15:59: 6.3%
4PM 16:00 to 16:59: 3.2%
5PM 17:00 to 17:59: 6.3%
6PM 18:00 to 18:59: 7.9%
7PM 19:00 to 19:59: 6.3%
8PM 20:00 to 20:59: 11.1%
9PM 21:00 to 21:59: 1.6%
10PM 22:00 to 22:59: 1.6%
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 Petawawa Ranks in Ontario for Mortgage Business

The following table lists how Petawawa 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
63STRATHROY, ON 0.123%
64OWEN SOUND, ON 0.123%
65BRADFORD, ON 0.119%
66GRIMSBY, ON 0.114%
67FORT ERIE, ON 0.111%
68PETAWAWA, ON 0.109%
69TILLSONBURG, ON 0.107%
70INNISFIL, ON 0.105%
71ANCASTER, ON 0.104%
72COURTICE, ON 0.102%
73ALLISTON, ON 0.100%

Types of Mortgage Inquiries Received from Petawawa


Type of Mortgage Application Form Selected  Percentage
of Inquiries
First-time Home Buyer: 25.4%
No Money Down Mortgage (discontinued): 23.8%
Mortgage Pre-approval: 20.6%
New Home Purchase: 11.1%
Refinance / Debt Consolidation: 11.1%
Mortgage Renewal: 6.3%
Other: 1.6%
 
Total Application Types Found: 7

Age Demographics for Petawawa Originated Mortgages

Average age: 35
Oldest age: 53
Youngest age: 23


Incomes for Petawawa Originated Mortgages

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

Average annual gross income for
mortgage applicants in Petawawa: $58,448.10
applicants within all of Canada: $60,852.54
Difference: ($2,404.44)
  
mortgage co-applicants in Petawawa: $36,769.14
co-applicants within all of Canada: $43,965.51
Difference: ($7,196.38)

Note: Commercial Mortgages were not included for this report, only residential mortgages from Petawawa, Ontario were used.


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

Mortgage Product Type Inquiries
Mortgage Pre-approval27.45%
Mortgage Renewal19.61%
Refinance/Consolidate Debt15.69%
New Purchase13.73%
First-time Home Buyer9.80%
Other13.72%