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
6 p6 Q1 }+ }' [) M- e5 m3 |2.        New Deals Only, No pre-approvals.
6 v2 ^& Q8 W" z# @* n, i+ _/ _, f3.        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
5.        Available on both conventional and high ratio (CMHC).
* w8 `2 K$ `) h8 u% t- V' f- K4 V8 K6.        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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