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Thorold Mortgage Information

Average Mortgage Loan in Thorold: $127,357

Busy Days for Online Applications within Thorold

The bar graph listed below compares the busy days for online mortgage applications that were received by our web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Thorold, the day with the most volume, generating 30.56% of all inquiries, is Monday. In comparison, Thursday's are the slowest day with only 5.56% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 30.6%
2 Tuesday: 16.7%
3 Wednesday: 16.7%
4 Sunday: 11.1%
5 Saturday: 11.1%
6 Friday: 8.3%
7 Thursday: 5.6%
Busy Days Report for Thorold Mortgages

Peak Hours for Mortgages within Thorold

In Thorold, inquiries are received 24 hours a day from the Mortgage Super Brokers web site. The graph shown below indicates the busy hours in the day. The data is taken from all days of all years. Only 47.2% of all mortgages are received during the morning, while 50.0% arrive in the afternoon.


Peak Hours Graph for Mortgages in Thorold
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 2.8%
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: 2.8%
7AM 07:00 to 07:59: 8.3%
8AM 08:00 to 08:59: 8.3%
9AM 09:00 to 09:59: 5.6%
10AM 10:00 to 10:59: 16.7%
11AM 11:00 to 11:59: 5.6%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 5.6%
1PM 13:00 to 13:59: 5.6%
2PM 14:00 to 14:59: 2.8%
3PM 15:00 to 15:59: 5.6%
4PM 16:00 to 16:59: 2.8%
5PM 17:00 to 17:59: 2.8%
6PM 18:00 to 18:59: 5.6%
7PM 19:00 to 19:59: 2.8%
8PM 20:00 to 20:59: 8.3%
9PM 21:00 to 21:59: 5.6%
10PM 22:00 to 22:59: 2.8%
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 Thorold Ranks in Ontario for Mortgage Business

The following table lists how Thorold 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
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%
112DUNNVILLE, ON 0.061%
113CALEDON, ON 0.061%
114PICTON, ON 0.061%
115BELLE RIVER, ON 0.061%
116CARLETON PLACE, ON 0.061%

Types of Mortgage Inquiries Received from Thorold


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 22.2%
New Home Purchase: 22.2%
First-time Home Buyer: 13.9%
Mortgage Renewal: 13.9%
Refinance / Debt Consolidation: 8.3%
No Money Down Mortgage (discontinued): 5.6%
Commercial: 5.6%
Variable Rate: 5.6%
Other: 2.8%
 
Total Application Types Found: 9

Age Demographics for Thorold Based Mortgages

Average age: 35
Oldest age: 57
Youngest age: 23


Incomes for Thorold Based Mortgages

The amounts shown below represent the average income of applicants living in Thorold who have applied for a loan using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Thorold: $46,583.56
applicants within all of Canada: $60,852.54
Difference: ($14,268.98)
  
mortgage co-applicants in Thorold: $48,610.41
co-applicants within all of Canada: $43,965.51
Difference: $4,644.90

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


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