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Parksville Mortgage Information

Average Mortgage Loan in Parksville: $184,401

Peak Hours for Mortgage Applicants within Parksville

Applications are received 24 hours a day on our web site. The time periods below represents the busy hours in the day. The data is taken from all days of all years.


Peak Hours Graph for Mortgages in Parksville
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: 4.3%
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: 0%
8AM 08:00 to 08:59: 0%
9AM 09:00 to 09:59: 4.3%
10AM 10:00 to 10:59: 0%
11AM 11:00 to 11:59: 0%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 8.7%
1PM 13:00 to 13:59: 13.0%
2PM 14:00 to 14:59: 4.3%
3PM 15:00 to 15:59: 8.7%
4PM 16:00 to 16:59: 4.3%
5PM 17:00 to 17:59: 0%
6PM 18:00 to 18:59: 8.7%
7PM 19:00 to 19:59: 4.3%
8PM 20:00 to 20:59: 0%
9PM 21:00 to 21:59: 13.0%
10PM 22:00 to 22:59: 13.0%
11PM 23:00 to 23:59: 13.0%

British Columbia 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 Parksville Ranks in British Columbia for Mortgage Business

The following table lists how Parksville 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
48WHITE ROCK, BC 0.043%
49SQUAMISH, BC 0.041%
50KITIMAT, BC 0.040%
51CASTLEGAR, BC 0.040%
52POWELL RIVER, BC 0.040%
53PARKSVILLE, BC 0.040%
54FORT NELSON, BC 0.038%
55CRESTON, BC 0.038%
56GOLDEN, BC 0.038%
57ALDERGROVE, BC 0.036%
58FERNIE, BC 0.036%

Types of Mortgage Inquiries Received from Parksville


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 30.4%
Mortgage Renewal: 21.7%
No Money Down Mortgage (discontinued): 13.0%
First-time Home Buyer: 8.7%
New Home Purchase: 8.7%
Equity Mortgage: 8.7%
Low Doc: 4.3%
Variable Rate: 4.3%
 
Total Application Types Found: 8

Age Demographics for Parksville Mortgage Applicants

Average age: 49
Oldest age: 70
Youngest age: 30


Incomes for Parksville Mortgage Applicants

The following depicts the average income of people living in Parksville who have applied for a loan using Mortgage Super Brokers' online mortgage application.

Average annual gross income for
mortgage applicants in Parksville: $52,806.36
applicants within all of Canada: $60,852.54
Difference: ($8,046.18)
  
mortgage co-applicants in Parksville: $27,400.00
co-applicants within all of Canada: $43,965.51
Difference: ($16,565.51)

Note: Commercial loans were not included for this section, only residential mortgage loans from Parksville, British Columbia were used.


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