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Picton Mortgage Information

Average Mortgage Loan in Picton: $174,372

Busy Days for Mortgages within Picton

The bar graph below displays the busy days for mortgage applications that were received by Super Brokers. Each day is a representation of the combined 6-year total of all instances of that day. In Picton the busiest day, with approximately 25.71% of all applications, is Tuesday. In comparison, Saturday's are the slowest day with only 2.86% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 25.7%
2 Friday: 17.1%
3 Monday: 14.3%
4 Wednesday: 14.3%
5 Thursday: 14.3%
6 Sunday: 11.4%
7 Saturday: 2.9%
Busy Days Report for Picton Mortgages

Peak Hours for Mortgage Applicants within Picton

Inquiries are received 24 hours a day via the Super Brokers' web site. The time periods below represents the busy hours within a 24-hour period. The data is taken from all days of all years. Only 40.0% of all mortgages are received during the morning, while 57.1% arrive in the afternoon.


Peak Hours Graph for Mortgages in Picton
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 2.9%
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: 2.9%
5AM 05:00 to 05:59: 0%
6AM 06:00 to 06:59: 2.9%
7AM 07:00 to 07:59: 11.4%
8AM 08:00 to 08:59: 2.9%
9AM 09:00 to 09:59: 8.6%
10AM 10:00 to 10:59: 8.6%
11AM 11:00 to 11:59: 2.9%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 5.7%
1PM 13:00 to 13:59: 14.3%
2PM 14:00 to 14:59: 2.9%
3PM 15:00 to 15:59: 5.7%
4PM 16:00 to 16:59: 5.7%
5PM 17:00 to 17:59: 8.6%
6PM 18:00 to 18:59: 0%
7PM 19:00 to 19:59: 5.7%
8PM 20:00 to 20:59: 0%
9PM 21:00 to 21:59: 5.7%
10PM 22:00 to 22:59: 2.9%
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 Picton Ranks in Ontario for Mortgage Business

The following table lists how Picton 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
109KINGSVILLE, ON 0.062%
110HANMER, ON 0.062%
111THOROLD, ON 0.062%
112DUNNVILLE, ON 0.061%
113CALEDON, ON 0.061%
114PICTON, ON 0.061%
115BELLE RIVER, ON 0.061%
116CARLETON PLACE, ON 0.061%
117UXBRIDGE, ON 0.059%
118YORK, ON 0.059%
119GODERICH, ON 0.057%

Types of Mortgage Inquiries Received from Picton


Type of Mortgage Application Form Selected  Percentage
of Inquiries
First-time Home Buyer: 22.9%
Mortgage Pre-approval: 20.0%
No Money Down Mortgage (discontinued): 11.4%
Refinance / Debt Consolidation: 11.4%
New Home Purchase: 11.4%
Low Doc: 5.7%
Pre-approval: 5.7%
Other: 11.6%
 
Total Application Types Found: 11

Age Demographics for Picton Mortgage Applicants

Average age: 39
Oldest age: 84
Youngest age: 20


Incomes for Picton Mortgage Applicants

The information below represents the average income of people living in Picton who have submitted an inquiry using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Picton: $57,288.38
applicants within all of Canada: $60,852.54
Difference: ($3,564.16)
  
mortgage co-applicants in Picton: $34,849.38
co-applicants within all of Canada: $43,965.51
Difference: ($9,116.13)

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


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