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Melville Mortgage Information

Average Mortgage Loan in Melville: $92,579

Busy Days for Mortgage Applications within Melville

The data below shows the busy days for mortgage applications that were received by Super Brokers. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Melville the most busy day of the week, with 28.57% of all inquiries, is Monday. In comparison, Saturday's are the slowest day with only 3.57% of all inquiries.

Rank Day of the Week Percentage of Applications
1 Monday: 28.6%
2 Thursday: 21.4%
3 Tuesday: 14.3%
4 Wednesday: 14.3%
5 Friday: 10.7%
6 Sunday: 7.1%
7 Saturday: 3.6%
Busy Days Report for Melville Mortgages

Peak Hours for Mortgage Applicants within Melville

Mortgage applications are received 24 hours a day on 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 17.9% of all mortgages are received during the morning, while 82.1% arrive in the afternoon.


Peak Hours Graph for Mortgages in Melville
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: 0%
6AM 06:00 to 06:59: 0%
7AM 07:00 to 07:59: 0%
8AM 08:00 to 08:59: 3.6%
9AM 09:00 to 09:59: 0%
10AM 10:00 to 10:59: 0%
11AM 11:00 to 11:59: 14.3%
TimePeriod (24 Hour) Percentage
of Applications
Lunch 12:00 to 12:59: 17.9%
1PM 13:00 to 13:59: 10.7%
2PM 14:00 to 14:59: 7.1%
3PM 15:00 to 15:59: 0%
4PM 16:00 to 16:59: 7.1%
5PM 17:00 to 17:59: 0%
6PM 18:00 to 18:59: 7.1%
7PM 19:00 to 19:59: 0%
8PM 20:00 to 20:59: 10.7%
9PM 21:00 to 21:59: 10.7%
10PM 22:00 to 22:59: 3.6%
11PM 23:00 to 23:59: 7.1%

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 Melville Ranks in Saskatchewan for Mortgage Business

The following table lists how Melville 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
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%
11SWIFT CURRENT, SK 0.045%
12NIPAWIN, SK 0.036%
13MARTENSVILLE, SK 0.035%
14LUMSDEN, SK 0.029%
15KINDERSLEY, SK 0.028%

Types of Mortgage Inquiries Received from Melville


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 25.0%
First-time Home Buyer: 25.0%
Mortgage Pre-approval: 17.9%
No Money Down Mortgage (discontinued): 17.9%
New Home Purchase: 7.1%
Investment: 7.1%
 
Total Application Types Found: 6

Age Demographics for Melville Based Mortgages

Average age: 36
Oldest age: 55
Youngest age: 19


Incomes for Melville Based Mortgages

The following depicts the average income of Canadians living in Melville who have submitted an inquiry using the online application located at the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Melville: $59,684.70
applicants within all of Canada: $60,852.54
Difference: ($1,167.84)
  
mortgage co-applicants in Melville: $33,875.00
co-applicants within all of Canada: $43,965.51
Difference: ($10,090.51)

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


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