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
$ B+ l: O& A& c" J! ~2.        New Deals Only, No pre-approvals.
: _2 Z( _% c6 |% B3.        Switches and transfers are not permitted.
( s7 r8 M7 z1 n* }7 k4.        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
& v3 J2 N, ~/ Y0 h8 N/ L3 p, n: c5.        Available on both conventional and high ratio (CMHC).
' H( _3 P) T. ?, D# ~+ X6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
. C* d$ L4 O! @( ]2 V/ N7.        Minimum amortization is 15 years.

paul.dbyu

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