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Morden Mortgage Information

Average Mortgage Loan in Morden: $72,667

How Morden Ranks in Manitoba for Mortgage Business

The following table lists how Morden 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
6THE PAS, MB 0.029%
7STEINBACH, MB 0.028%
8SELKIRK, MB 0.028%
9FLIN FLON, MB 0.021%
10DAUPHIN, MB 0.017%
11MORDEN, MB 0.017%
12NEEPAWA, MB 0.014%
13STONEWALL, MB 0.014%
14ST ADOLPHE, MB 0.014%
15NIVERVILLE, MB 0.012%
16MORRIS, MB 0.012%

Types of Mortgage Inquiries Received from Morden


Type of Mortgage Application Form Selected  Percentage
of Inquiries
Refinance / Debt Consolidation: 30.0%
New Home Purchase: 30.0%
Mortgage Pre-approval: 20.0%
Mortgage Renewal: 10.0%
No Money Down Mortgage (discontinued): 10.0%
 
Total Application Types Found: 5

Age Demographics for Morden Mortgages

Average age: 35
Oldest age: 49
Youngest age: 26


Incomes for Morden Mortgages

The figures below represent the average income of people living in Morden who have submitted an inquiry using the pre-approval application on the Mortgage Super Brokers' web site.

Average annual gross income for
mortgage applicants in Morden: $42,227.78
applicants within all of Canada: $60,852.54
Difference: ($18,624.76)
  

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


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