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Tobermory Mortgage Information

Average Mortgage Loan in Tobermory: $186,875

How 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.

RankLocation Contribution
320CUMBERLAND, ON 0.016%
321IROQUOIS, ON 0.016%
322KIRKFIELD, ON 0.016%
323RUSSELL, ON 0.016%
324WOODVILLE, ON 0.016%
325TOBERMORY, ON 0.016%
326BURKS FALLS, ON 0.016%
327EVERETT, ON 0.016%
328MOUNTAIN, ON 0.016%
329GRAND BEND, ON 0.016%
330BATH, 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.

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