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Tiverton Mortgage Information

Average Mortgage Loan in Tiverton: $124,491

How Tiverton Ranks in Ontario for Mortgage Business

The following table lists how Tiverton 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
220HASTINGS, ON 0.026%
221MATTAWA, ON 0.024%
222KING CITY, ON 0.024%
223BEETON, ON 0.024%
224KOMOKA, ON 0.024%
225TIVERTON, ON 0.024%
226COLBORNE, ON 0.024%
227SUTTON WEST, ON 0.024%
228DUNDALK, ON 0.024%
229HAGERSVILLE, ON 0.024%
230MALLORYTOWN, ON 0.022%

Types of Mortgage Inquiries Received from Tiverton


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Pre-approval: 21.4%
First-time Home Buyer: 21.4%
Refinance / Debt Consolidation: 14.3%
No Money Down Mortgage (discontinued): 14.3%
Commercial: 14.3%
New Home Purchase: 7.1%
HELOC: 7.1%
 
Total Application Types Found: 7

Age Demographics for Tiverton Mortgages

Average age: 40
Oldest age: 61
Youngest age: 20


Incomes for Tiverton Mortgages

The figures below represent the average income of applicants living in Tiverton who have submitted a mortgage inquiry using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Tiverton: $46,385.00
applicants within all of Canada: $60,852.54
Difference: ($14,467.54)
  
mortgage co-applicants in Tiverton: $30,675.60
co-applicants within all of Canada: $43,965.51
Difference: ($13,289.91)

Note: Commercial loans were not included for this survey, only residential loans amounts from Tiverton, Ontario were used.


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