Variable closed:	1.98%
1 year closed:	2.14%
3 year closed:	2.14%
5 year closed:	2.24%
10 year closed:	3.39%

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Geraldton Mortgage Information

Average Mortgage Loan in Geraldton: $80,863

How Geraldton Ranks in Ontario for Mortgage Business

The following table lists how Geraldton 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
260	SELKIRK, ON	0.021%
261	ILDERTON, ON	0.021%
262	ALEXANDRIA, ON	0.021%
263	WINCHESTER, ON	0.021%
264	HOLLAND LANDING, ON	0.019%
265	GERALDTON, ON	0.019%
266	HAILEYBURY, ON	0.019%
267	NORWICH, ON	0.019%
268	LANARK, ON	0.019%
269	CARDINAL, ON	0.019%
270	ORONO, ON	0.019%

Types of Mortgage Inquiries Received from Geraldton

Type of Mortgage Application Form Selected		Percentage of Inquiries
New Home Purchase:		36.4%
First-time Home Buyer:		27.3%
Refinance / Debt Consolidation:		9.1%
Equity Mortgage:		9.1%
Mortgage Pre-approval:		9.1%
No Money Down Mortgage (discontinued):		9.1%

Total Application Types Found: 6

Age Demographics for Geraldton Mortgages

Average age: 42
Oldest age: 66
Youngest age: 24

Incomes for Geraldton Mortgages

The following figures show the average income of applicants living in Geraldton who have submitted an inquiry using Mortgage Super Brokers' online mortgage application.

Average annual gross income for
mortgage applicants in Geraldton:	$41,758.70
applicants within all of Canada:	$60,852.54
Difference:	($19,093.84)

mortgage co-applicants in Geraldton:	$39,220.67
co-applicants within all of Canada:	$43,965.51
Difference:	($4,744.85)

Note: Commercial Mortgage loans were not included for this section, only residential mortgage loans from Geraldton, Ontario were used.

Nearest Settlements

1	Nakina, Ontario