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Merrickville Mortgage Information

Average Mortgage Loan in Merrickville: $105,333

How Merrickville Ranks in Ontario for Mortgage Business

The following table lists how Merrickville 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
434CAESAREA, ON 0.009%
435SEAGRAVE, ON 0.009%
437NEW DUNDEE, ON 0.009%
440BARRYS BAY, ON 0.009%
441MOOSE CREEK, ON 0.009%
442JARVIS, ON 0.009%
443ORO STATION, ON 0.009%
444FIELD, ON 0.009%

Types of Mortgage Inquiries Received from Merrickville

Type of Mortgage Application Form Selected  Percentage
of Inquiries
Mortgage Renewal: 60.0%
Refinance / Debt Consolidation: 20.0%
No Money Down Mortgage (discontinued): 20.0%
Total Application Types Found: 3

Age Demographics for Merrickville Mortgage Applicants

Average age: 43
Oldest age: 57
Youngest age: 27

Incomes for Merrickville Mortgage Applicants

The following depicts the average income of applicants living in Merrickville who have applied for a mortgage loan using the Super Brokers' mortgage application.

Average annual gross income for
mortgage applicants in Merrickville: $54,053.00
applicants within all of Canada: $60,852.54
Difference: ($6,799.54)

Note: Commercial loans were not included for this survey, only residential mortgages were used.

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

Mortgage Product Type Inquiries
Refinance/Consolidate Debt27.37%
Mortgage Pre-approval16.84%
First-time Home Buyer15.79%
Mortgage Renewal15.79%
No Money Down discontinued8.42%
New Purchase7.37%
Commercial Financing4.21%