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Merlin Mortgage Information

Average Mortgage Loan in Merlin: $159,250

How Merlin Ranks in Ontario for Mortgage Business

The following table lists how Merlin 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
409LANGTON, ON 0.010%
410HEPWORTH, ON 0.010%
411LYNDEN, ON 0.010%
412MANITOUWADGE, ON 0.010%
413OSGOODE, ON 0.010%
414MERLIN, ON 0.010%
415INGLESIDE, ON 0.010%
416SOUTH WOODSLEE, ON 0.010%
417WYOMING, ON 0.010%
418THEDFORD, ON 0.010%
419DRUMBO, ON 0.010%

Types of Mortgage Inquiries Received from Merlin


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 33.3%
Mortgage Renewal: 16.7%
Mortgage Pre-approval: 16.7%
No Money Down Mortgage (discontinued): 16.7%
Second Mortgage: 16.7%
 
Total Application Types Found: 5

Age Demographics for Merlin Mortgages

Average age: 40
Oldest age: 58
Youngest age: 30


Incomes for Merlin Mortgages

The information below represents the average income of Canadians living in Merlin who have submitted a mortgage inquiry using the pre-approval application on Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Merlin: $63,800.00
applicants within all of Canada: $60,852.54
Difference: $2,947.46
  

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


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

Mortgage Product Type Inquiries
First-time Home Buyer19.33%
Refinance/Consolidate Debt19.33%
New Purchase16.00%
Mortgage Pre-approval15.33%
Mortgage Renewal11.33%
No Money Down discontinued10.67%
Other8%