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:

( w$ u" T# s& ^( }& I1.        Deal must close by August 28th 2009
+ m' a0 i8 H3 U4 U% K2.        New Deals Only, No pre-approvals.
' c+ B# K9 \- S% E( ?0 O9 z3.        Switches and transfers are not permitted.
4 l( x* e% |$ T: `" @3 @; P, j- Z4.        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
% p+ u& i9 s% f- ]4 H5.        Available on both conventional and high ratio (CMHC).
( ]# a% A- Y8 O6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
7.        Minimum amortization is 15 years.

paul.dbyu

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