Canada | BC | AB | SK | MB | ON | QC | NL | PE | NS | NB | YT | NU | NT

Lloydminster Mortgage Information

Average Mortgage Loan in Lloydminster: $204,408

Busy Months for Applications within Lloydminster

The graph below shows the volumes of applications received by Super Brokers in each month for all years combined. The busiest months for mortgages from Lloydminster occur during our first quarter (represented by the brown bars) with 37.18% while our slowest is the fourth quarter (represented by the red bars) with 11.54%.

Busy Months Report for Lloydminster Mortgages

Rankings for Busy Mortgage Months

RankMonthPercentage of Applications
1 January: 16.7%
2 March: 14.1%
3 April: 11.5%
4 June: 11.5%
5 August: 7.7%
6 September: 7.7%
RankMonth Percentage of Applications
7 May: 6.4%
8 February: 6.4%
9 July: 6.4%
10 November: 5.1%
11 December: 3.9%
12 October: 2.6%

Busy Days for Mortgage Inquiries within Lloydminster

The graph listed below shows the busy days for Internet mortgage applications that were received by Super Brokers. A combined total of all occurrences of each day are represented for the past 5 years. In Lloydminster the busiest day of the week, with 24.36% of all inquiries, is Tuesday. In comparison, Saturday's are the slowest day with only 6.41% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Tuesday: 24.4%
2 Monday: 17.9%
3 Thursday: 14.1%
4 Wednesday: 12.8%
5 Sunday: 12.8%
6 Friday: 11.5%
7 Saturday: 6.4%
Busy Days Report for Lloydminster Mortgages

Peak Hours for Mortgage Applicants within Lloydminster

In Lloydminster, inquiries are received 24 hours a day via the Super Brokers web site. The time periods below indicates the busy hours over a 24-hour period. The data is taken from all days of all years. Only 29.5% of all mortgages are received during the morning, while 70.5% arrive in the afternoon.


Peak Hours Graph for Mortgages in Lloydminster
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: 1.3%
5AM 05:00 to 05:59: 0%
6AM 06:00 to 06:59: 1.3%
7AM 07:00 to 07:59: 1.3%
8AM 08:00 to 08:59: 5.1%
9AM 09:00 to 09:59: 6.4%
10AM 10:00 to 10:59: 9.0%
11AM 11:00 to 11:59: 5.1%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 5.1%
1PM 13:00 to 13:59: 5.1%
2PM 14:00 to 14:59: 6.4%
3PM 15:00 to 15:59: 6.4%
4PM 16:00 to 16:59: 5.1%
5PM 17:00 to 17:59: 6.4%
6PM 18:00 to 18:59: 6.4%
7PM 19:00 to 19:59: 2.6%
8PM 20:00 to 20:59: 5.1%
9PM 21:00 to 21:59: 11.5%
10PM 22:00 to 22:59: 6.4%
11PM 23:00 to 23:59: 3.8%

Saskatchewan 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 Lloydminster Ranks in Saskatchewan for Mortgage Business

The following table lists how Lloydminster 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
1REGINA, SK 1.718%
2SASKATOON, SK 0.749%
3MOOSE JAW, SK 0.266%
4PRINCE ALBERT, SK 0.197%
5LLOYDMINSTER, SK 0.135%
6ESTEVAN, SK 0.092%
7YORKTON, SK 0.086%
8NORTH BATTLEFORD, SK 0.080%
9WEYBURN, SK 0.080%
10MELVILLE, SK 0.048%

Types of Mortgage Inquiries Received from Lloydminster


Type of Mortgage Application Form Selected  Percentage
of Inquiries
First-time Home Buyer: 21.8%
Mortgage Pre-approval: 20.5%
New Home Purchase: 20.5%
No Money Down Mortgage (discontinued): 17.9%
Refinance / Debt Consolidation: 12.8%
Other: 6.5%
 
Total Application Types Found: 9

Age Demographics for Lloydminster Originated Mortgages

Average age: 35
Oldest age: 70
Youngest age: 20


Incomes for Lloydminster Originated Mortgages

The amounts shown below represent the average income of applicants living in Lloydminster who have submitted a mortgage inquiry using Mortgage Super Brokers' online mortgage application.

Average annual gross income for
mortgage applicants in Lloydminster: $60,615.19
applicants within all of Canada: $60,852.54
Difference: ($237.35)
  
mortgage co-applicants in Lloydminster: $37,422.22
co-applicants within all of Canada: $43,965.51
Difference: ($6,543.29)

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


Last mortgage report update for Lloydminster: Friday, July 1, 2016
Mortgage Calculator
 
Mortgage Brokers
Banks offer you insultingly high interest rates and expect you to haggle them down because they know not everyone has the time, effort or knowhow to get a low rate. Our mortgage brokers, on the other hand, will offer you the best rates from the get-go.
Mortgage Super Brokers
 
Credit Card Points Calculator
Cash back or rewards points, which one gives you the best value for your credit card purchases? It all depends. How much cash back are they offering? What exactly IS a point? What is it worth, and what can you get with your points? Our credit card points calculator will help you decide which is best for you.
Credit Card Points Calculator