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Tillsonburg Mortgage Information

Average Mortgage Loan in Tillsonburg: $149,368

Busy Months for Online Mortgages within Tillsonburg

The 6-year bar graph below illustrates the volumes of online applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Tillsonburg usually occur during our second quarter (represented by the green bars) with 27.42% while our slowest is the third quarter (represented by the blue bars) with 22.58%.

Busy Months Report for Tillsonburg Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 June: 12.9%
2 March: 11.3%
3 August: 11.3%
4 December: 9.7%
5 November: 8.1%
6 April: 8.1%
RankMonth Percentage of Applications
7 February: 8.1%
8 October: 8.1%
9 September: 8.1%
10 May: 6.5%
11 January: 4.8%
12 July: 3.2%

Busy Days for Applications within Tillsonburg

The bar graph listed below displays the busy days for online inquiries 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 Tillsonburg the busiest day, with approximately 24.19% of all submissions, is Friday. In comparison, Thursday's are the slowest day with only 4.84% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Friday: 24.2%
2 Tuesday: 22.6%
3 Monday: 16.1%
4 Sunday: 14.5%
5 Saturday: 9.7%
6 Wednesday: 8.1%
7 Thursday: 4.8%
Busy Days Report for Tillsonburg Mortgages

Peak Hours for Mortgage Applicants within Tillsonburg

In Tillsonburg, mortgages are received 24 hours a day from our web site. The statistics shown below indicates the rush hours over a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Tillsonburg
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: 1.6%
4AM 04:00 to 04:59: 0%
5AM 05:00 to 05:59: 0%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 1.6%
8AM 08:00 to 08:59: 1.6%
9AM 09:00 to 09:59: 9.7%
10AM 10:00 to 10:59: 9.7%
11AM 11:00 to 11:59: 3.2%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 4.8%
1PM 13:00 to 13:59: 11.3%
2PM 14:00 to 14:59: 3.2%
3PM 15:00 to 15:59: 11.3%
4PM 16:00 to 16:59: 6.5%
5PM 17:00 to 17:59: 9.7%
6PM 18:00 to 18:59: 4.8%
7PM 19:00 to 19:59: 8.1%
8PM 20:00 to 20:59: 4.8%
9PM 21:00 to 21:59: 4.8%
10PM 22:00 to 22:59: 3.2%
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 Tillsonburg Ranks in Ontario for Mortgage Business

The following table lists how Tillsonburg 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
64OWEN SOUND, ON 0.123%
65BRADFORD, ON 0.119%
66GRIMSBY, ON 0.114%
67FORT ERIE, ON 0.111%
68PETAWAWA, ON 0.109%
69TILLSONBURG, ON 0.107%
70INNISFIL, ON 0.105%
71ANCASTER, ON 0.104%
72COURTICE, ON 0.102%
73ALLISTON, ON 0.100%
74COLLINGWOOD, ON 0.100%

Types of Mortgage Inquiries Received from Tillsonburg


Type of Mortgage Application Form Selected  Percentage
of Inquiries
No Money Down Mortgage (discontinued): 19.4%
Refinance / Debt Consolidation: 19.4%
Mortgage Pre-approval: 17.7%
First-time Home Buyer: 14.5%
New Home Purchase: 12.9%
Mortgage Renewal: 6.5%
Commercial: 4.8%
Other: 4.8%
 
Total Application Types Found: 10

Age Demographics for Tillsonburg Based Mortgages

Average age: 36
Oldest age: 57
Youngest age: 19


Incomes for Tillsonburg Based Mortgages

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

Average annual gross income for
mortgage applicants in Tillsonburg: $52,594.95
applicants within all of Canada: $60,852.54
Difference: ($8,257.60)
  
mortgage co-applicants in Tillsonburg: $29,872.29
co-applicants within all of Canada: $43,965.51
Difference: ($14,093.23)

Note: Commercial loans were not included for this section, only residential mortgage loan amounts from Tillsonburg, Ontario were used.


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