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Smiths Falls Mortgage Information

Average Mortgage Loan in Smiths Falls: $129,300

Busy Days for Applications within Smiths Falls

The bar graph below illustrates the busy days for online mortgage applications that were received by the Super Brokers web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Smiths Falls the most busy day of the week, with 22.45% of all applications, is Thursday. In comparison, Saturday's are the slowest day with only 8.16% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Thursday: 22.4%
2 Sunday: 18.4%
3 Tuesday: 16.3%
4 Wednesday: 14.3%
5 Friday: 12.2%
6 Monday: 8.2%
7 Saturday: 8.2%
Busy Days Report for Smiths Falls Mortgages

Peak Hours for Originated Mortgages within Smiths Falls

Smiths Falls mortgage applications are received 24 hours a day from our web site. The report shown below represents the peak hours within a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Smiths Falls
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0%
1AM 01:00 to 01:59: 2.0%
2AM 02:00 to 02:59: 0%
3AM 03:00 to 03:59: 0%
4AM 04:00 to 04:59: 2.0%
5AM 05:00 to 05:59: 2.0%
6AM 06:00 to 06:59: 4.1%
7AM 07:00 to 07:59: 4.1%
8AM 08:00 to 08:59: 8.2%
9AM 09:00 to 09:59: 10.2%
10AM 10:00 to 10:59: 12.2%
11AM 11:00 to 11:59: 0%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 10.2%
1PM 13:00 to 13:59: 6.1%
2PM 14:00 to 14:59: 4.1%
3PM 15:00 to 15:59: 4.1%
4PM 16:00 to 16:59: 4.1%
5PM 17:00 to 17:59: 2.0%
6PM 18:00 to 18:59: 10.2%
7PM 19:00 to 19:59: 2.0%
8PM 20:00 to 20:59: 0%
9PM 21:00 to 21:59: 8.2%
10PM 22:00 to 22:59: 0%
11PM 23:00 to 23:59: 4.1%

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 Smiths Falls Ranks in Ontario for Mortgage Business

The following table lists how Smiths Falls 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
75GLOUCESTER, ON 0.099%
76BOLTON, ON 0.097%
77PORT HOPE, ON 0.095%
78PEMBROKE, ON 0.093%
79LASALLE, ON 0.086%
80SMITHS FALLS, ON 0.085%
81EAST YORK, ON 0.085%
82STOUFFVILLE, ON 0.085%
83WATERDOWN, ON 0.085%
84FERGUS, ON 0.083%
85MIDLAND, ON 0.083%

Types of Mortgage Inquiries Received from Smiths Falls


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 24.5%
Mortgage Renewal: 18.4%
Mortgage Pre-approval: 18.4%
No Money Down Mortgage (discontinued): 14.3%
First-time Home Buyer: 14.3%
Commercial: 6.1%
Other: 4%
 
Total Application Types Found: 8

Age Demographics for Smiths Falls Originated Mortgages

Average age: 39
Oldest age: 88
Youngest age: 21


Incomes for Smiths Falls Originated Mortgages

The figures below represent the average income of Canadians living in Smiths Falls who have applied for a mortgage loan using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Smiths Falls: $57,743.20
applicants within all of Canada: $60,852.54
Difference: ($3,109.35)
  
mortgage co-applicants in Smiths Falls: $28,328.75
co-applicants within all of Canada: $43,965.51
Difference: ($15,636.76)

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


Last mortgage report update for Smiths Falls: Friday, July 1, 2016
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