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

Tecumseh Mortgage Information

Average Mortgage Loan in Tecumseh: $140,797

Busy Days for Mortgages within Tecumseh

The bar graph listed below shows 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 Tecumseh the busiest day, with approximately 25.64% of all submissions, is Wednesday. In comparison, Sunday's are the slowest day with only 10.26% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Wednesday: 25.6%
2 Tuesday: 17.9%
3 Thursday: 17.9%
4 Monday: 15.4%
5 Saturday: 12.8%
6 Sunday: 10.3%
Busy Days Report for Tecumseh Mortgages

Note: Only days that have had morgages from Tecumseh, ON are shown.

Peak Hours for Mortgage Applicants within Tecumseh

Applications are received 24 hours a day from our web site. The information shown below represents the busy hours in the day. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Tecumseh
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: 2.6%
4AM 04:00 to 04:59: 0%
5AM 05:00 to 05:59: 0%
6AM 06:00 to 06:59: 7.7%
7AM 07:00 to 07:59: 15.4%
8AM 08:00 to 08:59: 12.8%
9AM 09:00 to 09:59: 2.6%
10AM 10:00 to 10:59: 5.1%
11AM 11:00 to 11:59: 7.7%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 10.3%
1PM 13:00 to 13:59: 0%
2PM 14:00 to 14:59: 0%
3PM 15:00 to 15:59: 2.6%
4PM 16:00 to 16:59: 2.6%
5PM 17:00 to 17:59: 2.6%
6PM 18:00 to 18:59: 10.3%
7PM 19:00 to 19:59: 2.6%
8PM 20:00 to 20:59: 10.3%
9PM 21:00 to 21:59: 2.6%
10PM 22:00 to 22:59: 0%
11PM 23:00 to 23:59: 2.6%

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 Tecumseh Ranks in Ontario for Mortgage Business

The following table lists how Tecumseh 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
95PARRY SOUND, ON 0.073%
96HANOVER, ON 0.071%
97PARIS, ON 0.071%
98DELHI, ON 0.067%
99PERTH, ON 0.067%
100TECUMSEH, ON 0.067%
101STITTSVILLE, ON 0.067%
102AMHERSTBURG, ON 0.066%
103BROOKLIN, ON 0.066%
104KEMPTVILLE, ON 0.066%
105WALLACEBURG, ON 0.066%

Types of Mortgage Inquiries Received from Tecumseh


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 35.9%
Mortgage Renewal: 17.9%
First-time Home Buyer: 12.8%
No Money Down Mortgage (discontinued): 10.3%
Refinance / Debt Consolidation: 10.3%
New Home Purchase: 5.1%
Other: 7.8%
 
Total Application Types Found: 9

Age Demographics for Tecumseh Mortgages

Average age: 39
Oldest age: 78
Youngest age: 22


Incomes for Tecumseh Mortgages

The following depicts the average income of people living in Tecumseh who have submitted an inquiry using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Tecumseh: $63,670.73
applicants within all of Canada: $60,852.54
Difference: $2,818.19
  
mortgage co-applicants in Tecumseh: $52,071.43
co-applicants within all of Canada: $43,965.51
Difference: $8,105.92

Note: Commercial Mortgage loans were not included for this report, only residential loans from Tecumseh, Ontario were used.


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

Mortgage Product Type Inquiries
First-time Home Buyer25.00%
Mortgage Pre-approval23.53%
New Purchase14.71%
No Money Down discontinued9.56%
Refinance/Consolidate Debt8.82%
Mortgage Renewal8.09%
Commercial Financing6.62%
Other3.69%
 
Did you know? The average home loan in Uxbridge is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.
Ontario