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Trenton Mortgage Information

Average Mortgage Loan in Trenton: $142,039

Busy Months for Online Applications within Trenton

The bar graph below depicts the volumes of Web applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Trenton mostly occur during our first quarter (represented by the brown bars) with 36.47% while our slowest is the fourth quarter (represented by the red bars) with 20.00%.

Busy Months Report for Trenton Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 January: 17.6%
2 March: 12.9%
3 April: 9.4%
4 August: 9.4%
5 November: 8.2%
6 May: 8.2%
RankMonth Percentage of Applications
7 December: 8.2%
8 July: 7.1%
9 September: 7.1%
10 February: 5.9%
11 October: 3.5%
12 June: 2.4%

Busy Days for Mortgage Inquiries within Trenton

The graph listed below illustrates the busy days for online applications that were received by the Super Brokers web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Trenton the busiest day, with 21.18% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 7.06% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 21.2%
2 Wednesday: 21.2%
3 Sunday: 17.6%
4 Monday: 11.8%
5 Friday: 10.6%
6 Thursday: 10.6%
7 Saturday: 7.1%
Busy Days Report for Trenton Mortgages

Peak Hours for Mortgage Applicants within Trenton

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


Peak Hours Graph for Mortgages in Trenton
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: 1.2%
3AM 03:00 to 03:59: 0%
4AM 04:00 to 04:59: 3.5%
5AM 05:00 to 05:59: 5.9%
6AM 06:00 to 06:59: 1.2%
7AM 07:00 to 07:59: 7.1%
8AM 08:00 to 08:59: 2.4%
9AM 09:00 to 09:59: 8.2%
10AM 10:00 to 10:59: 4.7%
11AM 11:00 to 11:59: 8.2%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 3.5%
1PM 13:00 to 13:59: 8.2%
2PM 14:00 to 14:59: 2.4%
3PM 15:00 to 15:59: 9.4%
4PM 16:00 to 16:59: 5.9%
5PM 17:00 to 17:59: 5.9%
6PM 18:00 to 18:59: 9.4%
7PM 19:00 to 19:59: 5.9%
8PM 20:00 to 20:59: 2.4%
9PM 21:00 to 21:59: 3.5%
10PM 22:00 to 22:59: 1.2%
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 Trenton Ranks in Ontario for Mortgage Business

The following table lists how Trenton 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
51ORANGEVILLE, ON 0.164%
52BROCKVILLE, ON 0.163%
53KESWICK, ON 0.152%
54BOWMANVILLE, ON 0.149%
55GEORGETOWN, ON 0.149%
56TRENTON, ON 0.147%
57SIMCOE, ON 0.142%
58COBOURG, ON 0.137%
59STRATFORD, ON 0.137%
60DUNDAS, ON 0.137%
61LINDSAY, ON 0.131%

Types of Mortgage Inquiries Received from Trenton


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 24.7%
First-time Home Buyer: 23.5%
No Money Down Mortgage (discontinued): 18.8%
New Home Purchase: 12.9%
Refinance / Debt Consolidation: 12.9%
Other: 7.1%
 
Total Application Types Found: 9

Age Demographics for Trenton Mortgage Applicants

Average age: 37
Oldest age: 64
Youngest age: 19


Incomes for Trenton Mortgage Applicants

The amounts shown below represent the average income of applicants living in Trenton who have submitted an inquiry using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Trenton: $54,242.14
applicants within all of Canada: $60,852.54
Difference: ($6,610.40)
  
mortgage co-applicants in Trenton: $36,076.92
co-applicants within all of Canada: $43,965.51
Difference: ($7,888.59)

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


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