Mortgage Stats and Info for Elgin, ON

Busy Months

The following depicts the volumes of applications received by Super Brokers in each month for all years combined. The busiest month for mortgages from Elgin, ON mostly occurs in July with 28.6% of applications, while our slowest is December with 0.0%.

Busy Days

The data below compares the busy days for Internet applications that were received by Super Brokers. A combined total of all occurrences of each day are represented for the past 5 years. In Elgin, ON the busiest day, averaging 28.6% of all applications, is Monday. In comparison, Sunday is the slowest day with only 0.0% of all inquiries.

Peak Hours

Mortgage applications are received 24 hours a day via the Super Brokers' web site. The following indicates the rush hours over a 24-hour period. 42.9% of all mortgages are received in the morning, while 57.1% arrive in the afternoon.

Busy Seasons

The data below depicts the busy seasons for mortgage loan applications received by Super Brokers. The busiest season for mortgage applications within Elgin, ON mostly occurs in Summer with 42.9%, while the slow season is Winter with 0.0%.

Age Ranges for Mortgage Applicants

In Elgin, ON, the median age for when folks apply for a mortgage is 45. The youngest to apply for a mortgage with SuperBrokers was 32 years of age and the oldest was 63 years young.

Marital Status for Mortgage Applicants

When people in Elgin, ON apply for a mortgage, they enter a marital status, and the most popular status' they report are Married with 71.4%, Common Law with 14.3%, and Divorced with 14.3%.

Mortgage Types

Of all of the mortgage applications in Elgin, ON, the 3 most popular inquiry types are No Money Down with 28.6%, Purchase with 28.6%, and Qualification with 28.6%.

Current Living Arrangement

When asked on a mortgage application if they own or rent and where they live, the folks of Elgin, ON commonly respond: Own with 71.4%, and Rent with 28.6%.

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