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Beamsville Mortgage Information

Average Mortgage Loan in Beamsville: $175,150

Busy Days for Online Applications within Beamsville

The information below compares the busy days for online mortgage 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 Beamsville, the day with the most volume, having more than 32.43% of all inquiries, is Wednesday. In comparison, Saturday's are the slowest day with only 2.70% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Wednesday: 32.4%
2 Monday: 21.6%
3 Tuesday: 13.5%
4 Thursday: 13.5%
5 Friday: 10.8%
6 Sunday: 5.4%
7 Saturday: 2.7%
Busy Days Report for Beamsville Mortgages

Peak Hours for Originated Mortgages within Beamsville

Inquiries are received 24 hours a day on the Super Brokers web site. The report shown below represents the peak hours in the day. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Beamsville
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: 2.7%
5AM 05:00 to 05:59: 10.8%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 0%
8AM 08:00 to 08:59: 16.2%
9AM 09:00 to 09:59: 2.7%
10AM 10:00 to 10:59: 5.4%
11AM 11:00 to 11:59: 2.7%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 10.8%
1PM 13:00 to 13:59: 0%
2PM 14:00 to 14:59: 2.7%
3PM 15:00 to 15:59: 13.5%
4PM 16:00 to 16:59: 5.4%
5PM 17:00 to 17:59: 0%
6PM 18:00 to 18:59: 5.4%
7PM 19:00 to 19:59: 5.4%
8PM 20:00 to 20:59: 8.1%
9PM 21:00 to 21:59: 8.1%
10PM 22:00 to 22:59: 0%
11PM 23:00 to 23:59: 0%

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 Beamsville Ranks in Ontario for Mortgage Business

The following table lists how Beamsville 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
101STITTSVILLE, ON 0.067%
102AMHERSTBURG, ON 0.066%
103BROOKLIN, ON 0.066%
104KEMPTVILLE, ON 0.066%
105WALLACEBURG, ON 0.066%
106BEAMSVILLE, ON 0.064%
107ELLIOT LAKE, ON 0.064%
108PORT PERRY, ON 0.062%
109KINGSVILLE, ON 0.062%
110HANMER, ON 0.062%
111THOROLD, ON 0.062%

Types of Mortgage Inquiries Received from Beamsville


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 29.7%
Refinance / Debt Consolidation: 24.3%
No Money Down Mortgage (discontinued): 10.8%
New Home Purchase: 10.8%
Commercial: 5.4%
First-time Home Buyer: 5.4%
Investment: 5.4%
Variable Rate: 5.4%
Other: 2.7%
 
Total Application Types Found: 9

Age Demographics for Beamsville Based Mortgages

Average age: 38
Oldest age: 63
Youngest age: 20


Incomes for Beamsville Based Mortgages

The numbers below represent the average income of people living in Beamsville who have submitted an inquiry using the pre-approval application on the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Beamsville: $63,860.30
applicants within all of Canada: $60,852.54
Difference: $3,007.76
  
mortgage co-applicants in Beamsville: $32,048.75
co-applicants within all of Canada: $43,965.51
Difference: ($11,916.76)

Note: Commercial Mortgages were not included for this report, only residential mortgage loan amounts from Beamsville, Ontario were used.


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

Mortgage Product Type Inquiries
Mortgage Renewal24.00%
Refinance/Consolidate Debt20.00%
Mortgage Pre-approval18.00%
First-time Home Buyer18.00%
New Purchase8.00%
Other12%