Canadian Maple Leaf Licensing Info: Alberta Mortgage #MW-0511205,
FSCO (Ontario) #10315,
Saskatchewan Mortgage #315872, and all other provinces.
 
Division of

The Mortgage Group®

Canada | BC | AB | SK | MB | ON | QC | NL | PE | NS | NB | YT | NU | NT

Stratford Mortgage Information

Average Mortgage Loan in Stratford: $150,597

Busy Months for Mortgage Inquiries within Stratford

The following represents the volumes of online mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Stratford occur during our third quarter (represented by the blue bars) with 32.91% while our slowest is the second quarter (represented by the green bars) with 20.25%.

Busy Months Report for Stratford Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 September: 12.7%
2 August: 11.4%
3 June: 11.4%
4 November: 10.1%
5 January: 10.1%
6 July: 8.9%
RankMonth Percentage of Applications
7 March: 8.9%
8 October: 7.6%
9 February: 6.3%
10 April: 5.1%
11 May: 3.8%
12 December: 3.8%

Busy Days for Mortgage Applications within Stratford

The information below displays the busy days for online applications that were received by the Super Brokers web site. A combined total of all occurrences of each day are represented for the past 5 years. In Stratford, the day with the most volume, having more than 21.52% of all inquiries, is Tuesday. In comparison, Sunday's are the slowest day with only 7.59% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 21.5%
2 Monday: 17.7%
3 Wednesday: 17.7%
4 Thursday: 15.2%
5 Friday: 10.1%
6 Saturday: 10.1%
7 Sunday: 7.6%
Busy Days Report for Stratford Mortgages

Peak Hours for Applicants within Stratford

In Stratford, inquiries are received 24 hours a day via the Mortgage Super Brokers web site. The statistics shown below indicates the busy hours over a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Stratford
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0%
1AM 01:00 to 01:59: 0%
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: 3.8%
6AM 06:00 to 06:59: 1.3%
7AM 07:00 to 07:59: 2.5%
8AM 08:00 to 08:59: 5.1%
9AM 09:00 to 09:59: 6.3%
10AM 10:00 to 10:59: 5.1%
11AM 11:00 to 11:59: 7.6%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 10.1%
1PM 13:00 to 13:59: 6.3%
2PM 14:00 to 14:59: 7.6%
3PM 15:00 to 15:59: 1.3%
4PM 16:00 to 16:59: 7.6%
5PM 17:00 to 17:59: 8.9%
6PM 18:00 to 18:59: 5.1%
7PM 19:00 to 19:59: 6.3%
8PM 20:00 to 20:59: 5.1%
9PM 21:00 to 21:59: 7.6%
10PM 22:00 to 22:59: 1.3%
11PM 23:00 to 23:59: 1.3%

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 Stratford Ranks in Ontario for Mortgage Business

The following table lists how Stratford 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
54BOWMANVILLE, ON 0.149%
55GEORGETOWN, ON 0.149%
56TRENTON, ON 0.147%
57SIMCOE, ON 0.142%
58COBOURG, ON 0.137%
59STRATFORD, ON 0.137%
60DUNDAS, ON 0.137%
61LINDSAY, ON 0.131%
62MAPLE, ON 0.131%
63STRATHROY, ON 0.123%
64OWEN SOUND, ON 0.123%

Types of Mortgage Inquiries Received from Stratford


Type of Mortgage Application Form Selected  Percentage
of Inquiries
No Money Down Mortgage (discontinued): 22.8%
Refinance / Debt Consolidation: 20.3%
First-time Home Buyer: 16.5%
Mortgage Pre-approval: 13.9%
Mortgage Renewal: 8.9%
New Home Purchase: 7.6%
Other: 10.2%
 
Total Application Types Found: 12

Age Demographics for Stratford Mortgage Applicants

Average age: 35
Oldest age: 59
Youngest age: 21


Incomes for Stratford Mortgage Applicants

The information below represents the average income of Canadians living in Stratford who have applied for a loan using Mortgage Super Brokers' online mortgage application.

Average annual gross income for
mortgage applicants in Stratford: $61,371.83
applicants within all of Canada: $60,852.54
Difference: $519.29
  
mortgage co-applicants in Stratford: $34,727.41
co-applicants within all of Canada: $43,965.51
Difference: ($9,238.10)

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


Last mortgage report update for Stratford: Friday, July 1, 2016
Mortgage Quote - Apply
 
Did you know? The average home loan in Whitby is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.
Ontario
 
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%