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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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Tobermory Mortgage Information
Average Mortgage Loan in Tobermory: $186,875How Tobermory Ranks in Ontario for Mortgage Business
The following table lists how Tobermory 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 |
|---|---|---|
| 320 | CUMBERLAND, ON | 0.016% |
| 321 | IROQUOIS, ON | 0.016% |
| 322 | KIRKFIELD, ON | 0.016% |
| 323 | RUSSELL, ON | 0.016% |
| 324 | WOODVILLE, ON | 0.016% |
| 325 | TOBERMORY, ON | 0.016% |
| 326 | BURKS FALLS, ON | 0.016% |
| 327 | EVERETT, ON | 0.016% |
| 328 | MOUNTAIN, ON | 0.016% |
| 329 | GRAND BEND, ON | 0.016% |
| 330 | BATH, ON | 0.016% |
Types of Mortgage Inquiries Received from Tobermory
| Type of Mortgage Application Form Selected | Percentage of Inquiries | |
|---|---|---|
| Refinance / Debt Consolidation: | 22.2% | |
| Low Doc: | 22.2% | |
| Mortgage Renewal: | 11.1% | |
| New Home Purchase: | 11.1% | |
| Mortgage Pre-approval: | 11.1% | |
| Commercial: | 11.1% | |
| Variable Rate: | 11.1% | |
| Total Application Types Found: 7 | ||
Age Demographics for Tobermory Mortgages
Average age: 44
Oldest age: 57
Youngest age: 30
Incomes for Tobermory Mortgages
The following depicts the average income of people living in Tobermory 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 Tobermory: | $78,555.56 |
| applicants within all of Canada: | $60,852.54 |
| Difference: | $17,703.01 |
| mortgage co-applicants in Tobermory: | $42,900.00 |
| co-applicants within all of Canada: | $43,965.51 |
| Difference: | ($1,065.51) |
Note: Commercial loan amounts were not included for this section, only residential loans amounts from Tobermory, Ontario were used.
Nearest Settlements
| 1 | Lions Head, Ontario |
| 2 | Wiarton, Ontario |
| 3 | Allenford, Ontario |
| 4 | Port Elgin, Ontario |
| 5 | Owen Sound, Ontario |
| 6 | Hepworth, Ontario |
Last mortgage report update for Tobermory: Friday, July 1, 2016
- Allenford
- Hepworth
- Lions Head
- Owen Sound
- Port Elgin
- Wiarton
- Compare Interest Rates
- Tobermory Broker Contact
Municipal mortgage stats:
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Did you know? The average home loan in Hanover is:
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Tel: Fax: info@superbrokers.ca |