Variable closed:	1.8%
1 year closed:	1.79%
3 year closed:	1.79%
5 year closed:	1.84%
10 year closed:	2.94%

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

Elora Mortgage Information

Average Mortgage Loan in Elora: $202,865

Ontario 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 Elora Ranks in Ontario for Mortgage Business

The following table lists how Elora 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.

Rank	Location	Contribution
181	BOBCAYGEON, ON	0.031%
182	COPPER CLIFF, ON	0.031%
183	DRYDEN, ON	0.031%
184	MEAFORD, ON	0.031%
185	MADOC, ON	0.031%
186	ELORA, ON	0.031%
187	MARMORA, ON	0.031%
188	CAYUGA, ON	0.029%
189	WATERFORD, ON	0.029%
190	PORT MCNICOLL, ON	0.029%
191	MOUNT HOPE, ON	0.029%

Types of Mortgage Inquiries Received from Elora

Type of Mortgage Application Form Selected		Percentage of Inquiries
First-time Home Buyer:		27.8%
Refinance / Debt Consolidation:		22.2%
New Home Purchase:		16.7%
Mortgage Renewal:		11.1%
Commercial:		11.1%
Equity Mortgage:		5.6%
No Money Down Mortgage (discontinued):		5.6%

Total Application Types Found: 7

Age Demographics for Elora Mortgages

Average age: 36
Oldest age: 56
Youngest age: 23

Incomes for Elora Mortgages

The amounts shown below represent the average income of applicants living in Elora who have applied for a loan using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Elora:	$76,895.80
applicants within all of Canada:	$60,852.54
Difference:	$16,043.26

mortgage co-applicants in Elora:	$62,000.00
co-applicants within all of Canada:	$43,965.51
Difference:	$18,034.49

Note: Commercial loan amounts were not included for this report, only home loans from Elora, Ontario were used.

Nearest Settlements

1	Fergus, Ontario
2	Erin, Ontario
3	Alton, Ontario
4	Arthur, Ontario
5	Orangeville, Ontario
6	Caledon, Ontario
7	Palgrave, Ontario
8	Hillsburgh, Ontario
9	Moorefield, Ontario
10	Acton, Ontario
11	Grand Valley, Ontario
12	Halton Hills, Ontario
13	Terra Cotta, Ontario
14	Millbank, Ontario
15	Listowel, Ontario
16	Bolton, Ontario
17	Hornby, Ontario
18	Concord, Ontario
19	Georgetown, Ontario
20	Cheltenham, Ontario
21	Campbellville, Ontario
22	Tottenham, Ontario
23	Schomberg, Ontario
24	King City, Ontario
25	Maple, Ontario
26	Elmira, Ontario
27	Dundalk, Ontario
28	Brampton, Ontario
29	Rockwood, Ontario
30	Drayton, Ontario
31	Markdale, Ontario
32	Flesherton, Ontario
33	Sharon, Ontario
34	Shelburne, Ontario
35	Newmarket, Ontario
36	Milton, Ontario

37	Gormley, Ontario
38	Cookstown, Ontario
39	Kleinburg, Ontario
40	Puslinch, Ontario
41	Woodbridge, Ontario
42	Harriston, Ontario
43	Bradford, Ontario
44	Willowdale, Ontario
45	Creemore, Ontario
46	Guelph, Ontario
47	Etobicoke, Ontario
48	Kilbride, Ontario
49	Wellesley, Ontario
50	Waterloo, Ontario
51	Vaughan, Ontario
52	Richmond Hill, Ontario
53	Aurora, Ontario
54	Holland Landing, Ontario
55	Mississauga, Ontario
56	Unionville, Ontario
57	Mount Forest, Ontario
58	Everett, Ontario
59	Palmerston, Ontario
60	Thornhill, Ontario
61	Milverton, Ontario
62	Don Mills, Ontario
63	York, Ontario
64	Carlisle, Ontario
65	Borden, Ontario
66	North York, Ontario
67	Badjeros, Ontario
68	Oakville, Ontario
69	Lisle, Ontario
70	Loretto, Ontario
71	Markham, Ontario

Mortgage Product Type		Inquiries
New Purchase		24.24%
Refinance/Consolidate Debt		19.70%
Mortgage Renewal		16.67%
Mortgage Pre-approval		10.61%
No Money Down discontinued		7.58%
First-time Home Buyer		6.06%
Other		15.18%