18 month Fixed Rate term at the rate of 2.75%

郭森房贷

Today MERIX is launching an 18 month Fixed Rate term at the rate of 2.75% for you to offer your clients:

1.        Deal must close by August 28th 2009
$ f% Y! w- ?& d2 S0 A" c2.        New Deals Only, No pre-approvals.
3.        Switches and transfers are not permitted.
4.        The 18-month term is convertible at any time with no penalty to a 5 year  fixed rate mortgage, at published rates available at time of conversion
* v) Z1 d5 F7 ?) x' a! G5.        Available on both conventional and high ratio (CMHC).
4 ?7 v) R% ?0 o6 {6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
. k- h( i9 o$ P- l" ~8 m8 {4 p7.        Minimum amortization is 15 years.

paul.dbyu

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