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Lacombe Mortgage Information

Average Mortgage Loan in Lacombe: $205,071

Busy Days for Mortgages within Lacombe

The information listed below plots the busy days for mortgage inquiries that were received by Super Brokers. Each day represents a combined total of all occurrences of that day in the past 5 years. In Lacombe the busiest day, with 23.91% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 2.17% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 23.9%
2 Wednesday: 17.4%
3 Monday: 15.2%
4 Thursday: 15.2%
5 Friday: 13.0%
6 Sunday: 13.0%
7 Saturday: 2.2%
Busy Days Report for Lacombe Mortgages

Peak Hours for Originated Mortgages within Lacombe

In Lacombe, mortgages are received 24 hours a day on our web site. The report shown below indicates the peak hours over a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Lacombe
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: 4.3%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 0%
8AM 08:00 to 08:59: 0%
9AM 09:00 to 09:59: 4.3%
10AM 10:00 to 10:59: 4.3%
11AM 11:00 to 11:59: 6.5%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 4.3%
1PM 13:00 to 13:59: 2.2%
2PM 14:00 to 14:59: 6.5%
3PM 15:00 to 15:59: 10.9%
4PM 16:00 to 16:59: 4.3%
5PM 17:00 to 17:59: 6.5%
6PM 18:00 to 18:59: 4.3%
7PM 19:00 to 19:59: 6.5%
8PM 20:00 to 20:59: 15.2%
9PM 21:00 to 21:59: 6.5%
10PM 22:00 to 22:59: 6.5%
11PM 23:00 to 23:59: 6.5%

Alberta 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 Lacombe Ranks in Alberta for Mortgage Business

The following table lists how Lacombe 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
24HIGH RIVER, AB 0.100%
25COCHRANE, AB 0.099%
26SYLVAN LAKE, AB 0.099%
27CANMORE, AB 0.097%
28CAMROSE, AB 0.088%
29LACOMBE, AB 0.080%
30CHESTERMERE, AB 0.078%
31HINTON, AB 0.076%
32DRAYTON VALLEY, AB 0.076%
33INNISFAIL, AB 0.074%
34BEAUMONT, AB 0.073%

Types of Mortgage Inquiries Received from Lacombe


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 23.9%
Mortgage Pre-approval: 19.6%
First-time Home Buyer: 17.4%
New Home Purchase: 17.4%
No Money Down Mortgage (discontinued): 8.7%
Mortgage Renewal: 6.5%
Investment: 4.3%
Other: 2.2%
 
Total Application Types Found: 8

Age Demographics for Lacombe Mortgages

Average age: 37
Oldest age: 75
Youngest age: 19


Incomes for Lacombe Mortgages

The information below represents the average income of people living in Lacombe who have submitted a mortgage inquiry using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Lacombe: $65,178.34
applicants within all of Canada: $60,852.54
Difference: $4,325.80
  
mortgage co-applicants in Lacombe: $45,611.35
co-applicants within all of Canada: $43,965.51
Difference: $1,645.84

Note: Commercial loan amounts were not included for this report, only residential loans were used.


Last mortgage report update for Lacombe: Friday, July 1, 2016
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