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Portage La Prairie Mortgage Information

Average Mortgage Loan in Portage La Prairie: $114,457

Peak Hours for Applicants within Portage La Prairie

Portage La Prairie mortgage applications are received 24 hours a day on the Super Brokers' web site. The graph 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 Portage La Prairie
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: 0%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 4.3%
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: 17.4%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 17.4%
1PM 13:00 to 13:59: 13.0%
2PM 14:00 to 14:59: 0%
3PM 15:00 to 15:59: 4.3%
4PM 16:00 to 16:59: 0%
5PM 17:00 to 17:59: 0%
6PM 18:00 to 18:59: 13.0%
7PM 19:00 to 19:59: 0%
8PM 20:00 to 20:59: 4.3%
9PM 21:00 to 21:59: 13.0%
10PM 22:00 to 22:59: 0%
11PM 23:00 to 23:59: 4.3%

Manitoba 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 Portage La Prairie Ranks in Manitoba for Mortgage Business

The following table lists how Portage La Prairie 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
1WINNIPEG, MB 1.101%
2BRANDON, MB 0.128%
3THOMPSON, MB 0.054%
4PORTAGE LA PRAIRIE, MB 0.040%
5SHILO, MB 0.033%
6THE PAS, MB 0.029%
7STEINBACH, MB 0.028%
8SELKIRK, MB 0.028%
9FLIN FLON, MB 0.021%

Types of Mortgage Inquiries Received from Portage La Prairie


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 21.7%
First-time Home Buyer: 21.7%
New Home Purchase: 17.4%
Mortgage Pre-approval: 17.4%
No Money Down Mortgage (discontinued): 17.4%
Mortgage Renewal: 4.3%
 
Total Application Types Found: 6

Age Demographics for Portage La Prairie Mortgage Applicants

Average age: 36
Oldest age: 53
Youngest age: 23


Incomes for Portage La Prairie Mortgage Applicants

The amounts below are the average income of people living in Portage La Prairie who have applied for a loan using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Portage La Prairie: $45,127.64
applicants within all of Canada: $60,852.54
Difference: ($15,724.91)
  
mortgage co-applicants in Portage La Prairie: $31,018.00
co-applicants within all of Canada: $43,965.51
Difference: ($12,947.51)

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


Last mortgage report update for Portage La Prairie: Friday, July 1, 2016
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