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Morrisburg Mortgage Information

Average Mortgage Loan in Morrisburg: $138,454

How Morrisburg Ranks in Ontario for Mortgage Business

The following table lists how Morrisburg 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
252EXETER, ON 0.021%
254DRESDEN, ON 0.021%
255NORWOOD, ON 0.021%
256PALGRAVE, ON 0.021%
257MORRISBURG, ON 0.021%
258SHANTY BAY, ON 0.021%
259HAWKESBURY, ON 0.021%
260SELKIRK, ON 0.021%
261ILDERTON, ON 0.021%
262ALEXANDRIA, ON 0.021%

Types of Mortgage Inquiries Received from Morrisburg

Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 33.3%
New Home Purchase: 16.7%
Mortgage Pre-approval: 16.7%
No Money Down Mortgage (discontinued): 16.7%
Mortgage Renewal: 8.3%
First-time Home Buyer: 8.3%
Total Application Types Found: 6

Age Demographics for Morrisburg Originated Mortgages

Average age: 40
Oldest age: 55
Youngest age: 29

Incomes for Morrisburg Originated Mortgages

The amounts below are the average income of Canadians living in Morrisburg who have applied for a mortgage loan using the pre-approval application on the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Morrisburg: $64,000.00
applicants within all of Canada: $60,852.54
Difference: $3,147.46
mortgage co-applicants in Morrisburg: $31,480.00
co-applicants within all of Canada: $43,965.51
Difference: ($12,485.51)

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

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

Mortgage Product Type Inquiries
First-time Home Buyer26.76%
Refinance/Consolidate Debt22.54%
Mortgage Pre-approval19.72%
New Purchase12.68%
No Money Down discontinued7.04%
Try Our Mortgage Calculator
Do you ever doubt the mortgage advice your bank manager gives you? You'd better, because they're looking at their own bottom line when they tell you to refinance and lock in for longer. Use our mortgage calculator to examine their claims, and find out if what they say is really in your best interest.