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Gravenhurst Mortgage Information

Average Mortgage Loan in Gravenhurst: $177,813

Busy Days for Mortgage Inquiries within Gravenhurst

The information below compares the busy days for Internet mortgage applications that were received by the Super Brokers web site. Each day is a representation of the combined 6-year total of all instances of that day. In Gravenhurst the most busy day of the week, with 31.03% of all inquiries, is Monday. In comparison, Tuesday's are the slowest day with only 3.45% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 31.0%
2 Wednesday: 20.7%
3 Thursday: 17.2%
4 Sunday: 13.8%
5 Friday: 6.9%
6 Saturday: 6.9%
7 Tuesday: 3.5%
Busy Days Report for Gravenhurst Mortgages

Peak Hours for Applicants within Gravenhurst

Applications are received 24 hours a day via our web site. The graph shown below represents the rush hours within a 24-hour period. The data is taken from all days of all years. Only 37.9% of all mortgages are received before noon, while 58.6% arrive in the afternoon.


Peak Hours Graph for Mortgages in Gravenhurst
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 3.4%
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: 3.4%
7AM 07:00 to 07:59: 13.8%
8AM 08:00 to 08:59: 0%
9AM 09:00 to 09:59: 6.9%
10AM 10:00 to 10:59: 3.4%
11AM 11:00 to 11:59: 10.3%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 10.3%
1PM 13:00 to 13:59: 6.9%
2PM 14:00 to 14:59: 0%
3PM 15:00 to 15:59: 13.8%
4PM 16:00 to 16:59: 0%
5PM 17:00 to 17:59: 3.4%
6PM 18:00 to 18:59: 13.8%
7PM 19:00 to 19:59: 3.4%
8PM 20:00 to 20:59: 3.4%
9PM 21:00 to 21:59: 0%
10PM 22:00 to 22:59: 3.4%
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 Gravenhurst Ranks in Ontario for Mortgage Business

The following table lists how Gravenhurst 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
126RENFREW, ON 0.054%
127AYLMER, ON 0.054%
128KENORA, ON 0.052%
129VAUGHAN, ON 0.052%
130TOTTENHAM, ON 0.052%
131GRAVENHURST, ON 0.050%
132KINCARDINE, ON 0.050%
133KAPUSKASING, ON 0.048%
134CHELMSFORD, ON 0.048%
135GANANOQUE, ON 0.048%
136NEWCASTLE, ON 0.048%

Types of Mortgage Inquiries Received from Gravenhurst


Type of Mortgage Application Form Selected  Percentage
of Inquiries
New Home Purchase: 27.6%
Mortgage Pre-approval: 20.7%
No Money Down Mortgage (discontinued): 10.3%
Mortgage Renewal: 10.3%
Commercial: 6.9%
First-time Home Buyer: 6.9%
Investment: 6.9%
Other: 10.2%
 
Total Application Types Found: 10

Age Demographics for Gravenhurst Applicants

Average age: 42
Oldest age: 65
Youngest age: 22


Incomes for Gravenhurst Applicants

The amounts below are the average income of Canadians living in Gravenhurst who have submitted an inquiry using the online application located at the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Gravenhurst: $52,339.56
applicants within all of Canada: $60,852.54
Difference: ($8,512.98)
  
mortgage co-applicants in Gravenhurst: $41,484.00
co-applicants within all of Canada: $43,965.51
Difference: ($2,481.51)

Note: Commercial Mortgages were not included for this section, only residential mortgage loans were used.


Last mortgage report update for Gravenhurst: 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 Oshawa.

Mortgage Product Type Inquiries
Mortgage Pre-approval22.25%
Refinance/Consolidate Debt18.87%
First-time Home Buyer16.90%
Mortgage Renewal12.68%
New Purchase12.11%
No Money Down discontinued9.01%
Other8.17%
 
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