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:

! ?5 F* R* W$ s' ~7 Q1.        Deal must close by August 28th 2009
9 y% @5 ^$ g- q3 n, n. j% J2.        New Deals Only, No pre-approvals.
3.        Switches and transfers are not permitted.
6 i+ t* Z  ~) ?/ N4.        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).
5 `+ W; ]! T( g! p: k6 P3 g) V( y6.        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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