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:

% C' f$ E" X: K! G3 D1.        Deal must close by August 28th 2009
2.        New Deals Only, No pre-approvals.
! G0 [' M, z. ]: H4 q3.        Switches and transfers are not permitted.
) l. a) Z# c5 Y# v; q* P4.        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
6 U* P* H4 @2 @2 ?5.        Available on both conventional and high ratio (CMHC).
6 \+ M  O/ \. e; g. l! i6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
' ]" Q$ w+ s% f- V' u9 A7.        Minimum amortization is 15 years.

paul.dbyu

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