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Cobalt Mortgage Information

Average Mortgage Loan in Cobalt: $69,698

How Cobalt Ranks in Ontario for Mortgage Business

The following table lists how Cobalt 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
237SEELEYS BAY, ON 0.022%
238STIRLING, ON 0.022%
239BRIGHT'S GROVE, ON 0.022%
240TWEED, ON 0.022%
241RED LAKE, ON 0.022%
242COBALT, ON 0.022%
243CASSELMAN, ON 0.022%
244PARKHILL, ON 0.022%
245CHESLEY, ON 0.022%
246UNIONVILLE, ON 0.022%
247RICHMOND, ON 0.022%

Types of Mortgage Inquiries Received from Cobalt


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 46.2%
First-time Home Buyer: 23.1%
Mortgage Pre-approval: 15.4%
New Home Purchase: 7.7%
No Money Down Mortgage (discontinued): 7.7%
 
Total Application Types Found: 5

Age Demographics for Cobalt Applicants

Average age: 36
Oldest age: 44
Youngest age: 27


Incomes for Cobalt Applicants

The following depicts the average income of applicants living in Cobalt who have applied for a mortgage loan using Mortgage Super Brokers' pre-approval application.

Average annual gross income for
mortgage applicants in Cobalt: $30,291.67
applicants within all of Canada: $60,852.54
Difference: ($30,560.88)
  

Note: Commercial Mortgages were not included for this report, only residential mortgages were used.


Last mortgage report update for Cobalt: Friday, July 1, 2016
Mortgage Quote
 
Below is a listing of our most popular mortgage product inquiries made using our online mortgage application for clients in Pembroke.

Mortgage Product Type Inquiries
Refinance/Consolidate Debt25.93%
Mortgage Pre-approval22.22%
Mortgage Renewal14.81%
No Money Down discontinued12.96%
New Purchase11.11%
First-time Home Buyer7.41%
Other5.55%
 
Did you know? The average home loan in Bancroft is: Discover many more facts and statistics exclusively here at Mortgage Super Brokers.
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