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Laval Mortgage Information

Average Mortgage Loan in Laval: $180,069

Busy Months for Mortgages within Laval

The following shows the volumes of mortgage applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Laval mostly occur during our first quarter (represented by the brown bars) with 35.77% while our slowest is the third quarter (represented by the blue bars) with 17.89%.

Busy Months Report for Laval Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 February: 14.6%
2 April: 12.2%
3 March: 12.2%
4 October: 12.2%
5 November: 8.9%
6 January: 8.9%
RankMonth Percentage of Applications
7 September: 7.3%
8 August: 5.7%
9 May: 4.9%
10 July: 4.9%
11 December: 4.1%
12 June: 4.1%

Busy Days for Mortgages within Laval

The graph below compares the busy days for mortgage inquiries that were received by our web site. Each day is a representation of the combined 6-year total of all instances of that day. In Laval the busiest day, with approximately 18.70% of all inquiries, is Tuesday. In comparison, Saturday's are the slowest day with only 7.32% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 18.7%
2 Monday: 17.1%
3 Wednesday: 15.4%
4 Thursday: 15.4%
5 Friday: 13.0%
6 Sunday: 13.0%
7 Saturday: 7.3%
Busy Days Report for Laval Mortgages

Peak Hours for Applicants within Laval

In Laval, mortgage applications are received 24 hours a day from the Mortgage Super Brokers web site. The information shown below represents the busy hours within a 24-hour period. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Laval
TimePeriod (24 Hour) Percentage
of Applications
12AM 00:00 to 00:59: 0.8%
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: 1.6%
6AM 06:00 to 06:59: 4.1%
7AM 07:00 to 07:59: 5.7%
8AM 08:00 to 08:59: 8.1%
9AM 09:00 to 09:59: 8.1%
10AM 10:00 to 10:59: 8.9%
11AM 11:00 to 11:59: 4.1%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 4.1%
1PM 13:00 to 13:59: 8.1%
2PM 14:00 to 14:59: 5.7%
3PM 15:00 to 15:59: 3.3%
4PM 16:00 to 16:59: 6.5%
5PM 17:00 to 17:59: 4.9%
6PM 18:00 to 18:59: 6.5%
7PM 19:00 to 19:59: 1.6%
8PM 20:00 to 20:59: 5.7%
9PM 21:00 to 21:59: 5.7%
10PM 22:00 to 22:59: 4.9%
11PM 23:00 to 23:59: 1.6%

Quebec 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 Laval Ranks in Quebec for Mortgage Business

The following table lists how Laval 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
1MONTREAL, QC 0.811%
2GATINEAU, QC 0.446%
3LAVAL, QC 0.213%
4DOLLARD-DES-ORMEAUX, QC 0.112%
5PIERREFONDS, QC 0.100%
6BROSSARD, QC 0.099%
7LASALLE, QC 0.093%
8QUEBEC CITY, QC 0.071%

Types of Mortgage Inquiries Received from Laval


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 22.0%
Mortgage Renewal: 19.5%
Pre-approval: 11.4%
First-time Home Buyer: 8.9%
New Home Purchase: 8.9%
Mortgage Pre-approval: 8.1%
No Money Down Mortgage (discontinued): 5.7%
Commercial: 4.9%
Other: 10.4%
 
Total Application Types Found: 15

Age Demographics for Laval Mortgage Applicants

Average age: 40
Oldest age: 66
Youngest age: 21


Incomes for Laval Mortgage Applicants

The following figures show the average income of applicants living in Laval who have submitted an inquiry using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Laval: $63,676.63
applicants within all of Canada: $60,852.54
Difference: $2,824.09
  
mortgage co-applicants in Laval: $42,766.45
co-applicants within all of Canada: $43,965.51
Difference: ($1,199.06)

Note: Commercial Mortgages were not included for this report, only residential mortgage loan amounts were used.


Last mortgage report update for Laval: Friday, July 1, 2016
Mortgage Calculator
 
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Laval.

Mortgage Product Type Inquiries
Refinance/Consolidate Debt21.95%
Mortgage Renewal19.51%
Pre-approval11.38%
First-time Home Buyer8.94%
New Purchase8.94%
Mortgage Pre-approval8.13%
No Money Down discontinued5.69%
Commercial Financing4.88%
Other10.57%
 
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