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 q/ i! z4 V: h1.        Deal must close by August 28th 2009
. H5 ?; e  b% c9 k2.        New Deals Only, No pre-approvals.
' d1 F9 F8 A4 h6 i9 O( |3.        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
+ E' v2 ?* U9 v5.        Available on both conventional and high ratio (CMHC).
6 a  D+ ]7 s/ U/ p7 i6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
* r! X0 c' S9 \5 W. i: h+ }" k7.        Minimum amortization is 15 years.

paul.dbyu

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