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Drumheller Mortgage Information

Average Mortgage Loan in Drumheller: $161,678

Busy Days for Applications within Drumheller

The graph listed below shows the busy days for Internet 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 Drumheller the busiest day of the week, with 23.08% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 3.85% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 23.1%
2 Thursday: 23.1%
3 Wednesday: 19.2%
4 Tuesday: 15.4%
5 Friday: 7.7%
6 Sunday: 7.7%
7 Saturday: 3.9%
Busy Days Report for Drumheller Mortgages

Peak Hours for Mortgage Applicants within Drumheller

Mortgage inquiries are received 24 hours a day from the Super Brokers' web site. The graph shown below represents the busy hours within a 24-hour period. The data is taken from all days of all years. Only 19.2% of all mortgages are received before noon, while 80.8% arrive in the afternoon.


Peak Hours Graph for Mortgages in Drumheller
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: 0%
4AM 04:00 to 04:59: 0%
5AM 05:00 to 05:59: 3.8%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 0%
8AM 08:00 to 08:59: 3.8%
9AM 09:00 to 09:59: 7.7%
10AM 10:00 to 10:59: 3.8%
11AM 11:00 to 11:59: 0%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 3.8%
1PM 13:00 to 13:59: 11.5%
2PM 14:00 to 14:59: 7.7%
3PM 15:00 to 15:59: 3.8%
4PM 16:00 to 16:59: 7.7%
5PM 17:00 to 17:59: 11.5%
6PM 18:00 to 18:59: 3.8%
7PM 19:00 to 19:59: 7.7%
8PM 20:00 to 20:59: 11.5%
9PM 21:00 to 21:59: 11.5%
10PM 22:00 to 22:59: 0%
11PM 23:00 to 23:59: 0%

Alberta 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 Drumheller Ranks in Alberta for Mortgage Business

The following table lists how Drumheller 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
44ST PAUL, AB 0.050%
45WAINWRIGHT, AB 0.048%
46ATHABASCA, AB 0.048%
47DIDSBURY, AB 0.047%
48STETTLER, AB 0.047%
49DRUMHELLER, AB 0.045%
50ONOWAY, AB 0.043%
51BLACKFALDS, AB 0.041%
52TABER, AB 0.041%
53GRANDE CACHE, AB 0.040%
54GIBBONS, AB 0.038%

Types of Mortgage Inquiries Received from Drumheller


Type of Mortgage Application Form Selected  Percentage
of Inquiries
No Money Down Mortgage (discontinued): 30.8%
Mortgage Pre-approval: 23.1%
New Home Purchase: 11.5%
Commercial: 11.5%
First-time Home Buyer: 11.5%
Refinance / Debt Consolidation: 7.7%
Other: 3.8%
 
Total Application Types Found: 7

Age Demographics for Drumheller Mortgages

Average age: 39
Oldest age: 61
Youngest age: 20


Incomes for Drumheller Mortgages

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

Average annual gross income for
mortgage applicants in Drumheller: $68,680.04
applicants within all of Canada: $60,852.54
Difference: $7,827.50
  
mortgage co-applicants in Drumheller: $57,836.80
co-applicants within all of Canada: $43,965.51
Difference: $13,871.29

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


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