
The Mortgage Group®
Waterdown Mortgage Information
Average Mortgage Loan in Waterdown: $211,268Busy Days for Online Mortgages within Waterdown
The graph listed below plots the busy days for online inquiries that were received by Super Brokers. Each day is a representation of the combined 6-year total of all instances of that day. In Waterdown, the day with the most volume, generating 24.49% of all submissions, is Tuesday. In comparison, Saturday's are the slowest day with only 4.08% of all inquiries.
Rank | Day of the Week | Percentage of Applications |
---|---|---|
1 | Tuesday: | 24.5% |
2 | Friday: | 20.4% |
3 | Thursday: | 20.4% |
4 | Sunday: | 16.3% |
5 | Wednesday: | 8.2% |
6 | Monday: | 6.1% |
7 | Saturday: | 4.1% |

Peak Hours for Mortgages within Waterdown
In Waterdown, inquiries are received 24 hours a day from our web site. The time periods below indicates the busy hours within a 24-hour period. The data is taken from all days of all years. Only 22.4% of all mortgages are received during the morning, while 77.6% arrive in the afternoon.

Time | Period (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: | 2.0% |
4AM | 04:00 to 04:59: | 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: | 0% |
9AM | 09:00 to 09:59: | 6.1% |
10AM | 10:00 to 10:59: | 2.0% |
11AM | 11:00 to 11:59: | 2.0% |
Time | Period (24 Hour) | Percentage of Applications |
---|---|---|
Lunch | 12:00 to 12:59: | 14.3% |
1PM | 13:00 to 13:59: | 2.0% |
2PM | 14:00 to 14:59: | 6.1% |
3PM | 15:00 to 15:59: | 8.2% |
4PM | 16:00 to 16:59: | 8.2% |
5PM | 17:00 to 17:59: | 2.0% |
6PM | 18:00 to 18:59: | 18.4% |
7PM | 19:00 to 19:59: | 8.2% |
8PM | 20:00 to 20:59: | 6.1% |
9PM | 21:00 to 21:59: | 2.0% |
10PM | 22:00 to 22:59: | 2.0% |
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 Waterdown Ranks in Ontario for Mortgage Business
The following table lists how Waterdown 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.
Rank | Location | Contribution |
---|---|---|
78 | PEMBROKE, ON | 0.093% |
79 | LASALLE, ON | 0.086% |
80 | SMITHS FALLS, ON | 0.085% |
81 | EAST YORK, ON | 0.085% |
82 | STOUFFVILLE, ON | 0.085% |
83 | WATERDOWN, ON | 0.085% |
84 | FERGUS, ON | 0.083% |
85 | MIDLAND, ON | 0.083% |
86 | NAPANEE, ON | 0.081% |
87 | ACTON, ON | 0.081% |
88 | HUNTSVILLE, ON | 0.081% |
Types of Mortgage Inquiries Received from Waterdown
Type of Mortgage Application Form Selected | Percentage of Inquiries | |
---|---|---|
Mortgage Pre-approval: | 28.6% | |
Mortgage Renewal: | 20.4% | |
New Home Purchase: | 14.3% | |
Refinance / Debt Consolidation: | 14.3% | |
First-time Home Buyer: | 10.2% | |
No Money Down Mortgage (discontinued): | 4.1% | |
Investment: | 4.1% | |
Other: | 4% | |
Total Application Types Found: 9 |
Age Demographics for Waterdown Applicants
Average age: 39
Oldest age: 74
Youngest age: 26
Incomes for Waterdown Applicants
The figures below represent the average income of people living in Waterdown who have applied for a home loan using the Super Brokers' mortgage application.
Average annual gross income for | |
---|---|
mortgage applicants in Waterdown: | $62,679.20 |
applicants within all of Canada: | $60,852.54 |
Difference: | $1,826.65 |
mortgage co-applicants in Waterdown: | $59,855.75 |
co-applicants within all of Canada: | $43,965.51 |
Difference: | $15,890.24 |