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ToolsSooke Mortgage Information
Average Mortgage Loan in Sooke: $259,181Busy Days for Mortgages within Sooke
The graph below displays 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 Sooke, the day with the most volume, generating 27.59% of all applications, is Thursday. In comparison, Monday's are the slowest day with only 6.90% of all inquiries.
| Rank | Day of the Week | Percentage of Applications |
|---|---|---|
| 1 | Thursday: | 27.6% |
| 2 | Tuesday: | 24.1% |
| 3 | Saturday: | 20.7% |
| 4 | Friday: | 10.3% |
| 5 | Sunday: | 10.3% |
| 6 | Monday: | 6.9% |
Peak Hours for Originated Mortgages within Sooke
Sooke mortgage applications are received 24 hours a day from the Super Brokers 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. Only 34.5% of all mortgages are received before noon, while 65.5% arrive in the afternoon.
| Time | Period (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: | 3.4% |
| 4AM | 04:00 to 04:59: | 3.4% |
| 5AM | 05:00 to 05:59: | 0% |
| 6AM | 06:00 to 06:59: | 0% |
| 7AM | 07:00 to 07:59: | 6.9% |
| 8AM | 08:00 to 08:59: | 0% |
| 9AM | 09:00 to 09:59: | 10.3% |
| 10AM | 10:00 to 10:59: | 3.4% |
| 11AM | 11:00 to 11:59: | 6.9% |
| Time | Period (24 Hour) | Percentage of Applications |
|---|---|---|
| Lunch | 12:00 to 12:59: | 6.9% |
| 1PM | 13:00 to 13:59: | 3.4% |
| 2PM | 14:00 to 14:59: | 10.3% |
| 3PM | 15:00 to 15:59: | 13.8% |
| 4PM | 16:00 to 16:59: | 3.4% |
| 5PM | 17:00 to 17:59: | 3.4% |
| 6PM | 18:00 to 18:59: | 6.9% |
| 7PM | 19:00 to 19:59: | 10.3% |
| 8PM | 20:00 to 20:59: | 0% |
| 9PM | 21:00 to 21:59: | 0% |
| 10PM | 22:00 to 22:59: | 3.4% |
| 11PM | 23:00 to 23:59: | 3.4% |
British Columbia 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 Sooke Ranks in British Columbia for Mortgage Business
The following table lists how Sooke 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.
| Rank | Location | Contribution |
|---|---|---|
| 40 | KIMBERLEY, BC | 0.052% |
| 41 | TRAIL, BC | 0.052% |
| 42 | SECHELT, BC | 0.050% |
| 43 | MERRITT, BC | 0.050% |
| 44 | GRAND FORKS, BC | 0.050% |
| 45 | SOOKE, BC | 0.050% |
| 46 | LADYSMITH, BC | 0.048% |
| 47 | COMOX, BC | 0.045% |
| 48 | WHITE ROCK, BC | 0.043% |
| 49 | SQUAMISH, BC | 0.041% |
| 50 | KITIMAT, BC | 0.040% |
Types of Mortgage Inquiries Received from Sooke
| Type of Mortgage Application Form Selected | Percentage of Inquiries | |
|---|---|---|
| Mortgage Pre-approval: | 31.0% | |
| First-time Home Buyer: | 24.1% | |
| No Money Down Mortgage (discontinued): | 13.8% | |
| Refinance / Debt Consolidation: | 13.8% | |
| Mortgage Renewal: | 6.9% | |
| Other: | 10.2% | |
| Total Application Types Found: 8 | ||
Age Demographics for Sooke Mortgages
Average age: 36
Oldest age: 56
Youngest age: 23
Incomes for Sooke Mortgages
The numbers below represent the average income of applicants living in Sooke who have applied for a mortgage loan using Mortgage Super Brokers' online mortgage application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Sooke: | $67,928.43 |
| applicants within all of Canada: | $60,852.54 |
| Difference: | $7,075.89 |
| mortgage co-applicants in Sooke: | $38,693.33 |
| co-applicants within all of Canada: | $43,965.51 |
| Difference: | ($5,272.18) |
Nearest Settlements
| 1 | Port Renfrew, British Columbia |
| 2 | Mill Bay, British Columbia |
| 3 | Brentwood Bay, British Columbia |
| 4 | Victoria, British Columbia |
| 5 | Shawnigan Lake, British Columbia |
- Brentwood Bay
- Mill Bay
- Port Renfrew
- Shawnigan Lake
- Victoria
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Municipal mortgage stats:
Related mortgage information:
| Mortgage Product Type | Inquiries | |
|---|---|---|
| Mortgage Pre-approval | 26.32% | |
| Refinance/Consolidate Debt | 19.30% | |
| No Money Down discontinued | 19.30% | |
| First-time Home Buyer | 15.79% | |
| New Purchase | 10.53% | |
| Mortgage Renewal | 5.26% | |
| Other | 3.5% |
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Tel: Fax: info@superbrokers.ca |