 鲜花( 65)  鸡蛋( 0)
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Today MERIX is launching an 18 month Fixed Rate term at the rate of 2.75% for you to offer your clients:
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5 W% y& q n' y8 C1. Deal must close by August 28th 2009 % @' r( r& \# T
2. New Deals Only, No pre-approvals. 9 j, }/ x- y# k* o
3. Switches and transfers are not permitted.
" U6 b2 \* ^- n, l4. 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
8 _" B6 G+ v: H4 Z5 b! J5. Available on both conventional and high ratio (CMHC). 4 }% @. e& W6 n T% y8 M" X( ?
6. 15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
5 g3 P6 N; x1 d# ~( _0 D |7. Minimum amortization is 15 years. |
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