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:

; H" j. |3 U4 L/ v5 A1 ^+ l1.        Deal must close by August 28th 2009
( M$ B4 g, \( _& F2.        New Deals Only, No pre-approvals.
5 j* y5 d1 b# q# }% ]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
5.        Available on both conventional and high ratio (CMHC).
) w5 m$ A2 ?7 N8 x$ u6.        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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