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
2.        New Deals Only, No pre-approvals.
+ s. A. g4 r! |3 ~( ?9 r. b/ {9 i) T( 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).
- u0 y+ J. f) Q# m% r; a6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
/ X; w& O9 o; g+ `% A' M7.        Minimum amortization is 15 years.

paul.dbyu

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