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:
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' X; V0 ]4 e/ |& p/ I$ I1.        Deal must close by August 28th 2009
2.        New Deals Only, No pre-approvals.
4 S9 T* X! m6 v3 [3.        Switches and transfers are not permitted.
6 U  ]" t6 ?- w$ p- u1 ?1 r; F4.        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
) a1 C* b  ~, V1 l6 V$ z5.        Available on both conventional and high ratio (CMHC).
6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
& D. F! j( ~# f; H! l2 q6 P7.        Minimum amortization is 15 years.

paul.dbyu

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