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
( ]! P/ u$ R: |9 o# O9 Y2.        New Deals Only, No pre-approvals.
; N: a' h6 b; b" f" ^1 u  @& y$ l$ j3.        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
4 r4 w. g0 J; p$ V  v1 n( `# ?5.        Available on both conventional and high ratio (CMHC).
' b7 m: J! c1 }6 P2 w& B+ \6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
: @6 G) I- x8 D' C4 K* G7.        Minimum amortization is 15 years.

paul.dbyu

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