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18 month Fixed Rate term at the rate of 2.75%

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鲜花(65) 鸡蛋(0)
发表于 2009-6-25 08:55 | 显示全部楼层 |阅读模式
老杨团队,追求完美;客户至上,服务到位!
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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1.        Deal must close by August 28th 2009 + S% R/ C6 l( Q5 w
2.        New Deals Only, No pre-approvals.
$ H6 \; z% g3 _6 _9 r( L3.        Switches and transfers are not permitted. 4 p  N: g9 P+ L5 k7 A4 J
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 ) T- p( ^. r2 P/ r$ I7 C
5.        Available on both conventional and high ratio (CMHC).
) B* x$ @1 e2 U6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants. ( J. ?% w+ @. z( D' {$ S# T
7.        Minimum amortization is 15 years.
鲜花(0) 鸡蛋(0)
发表于 2009-6-25 11:32 | 显示全部楼层
银行推出这个产品,说明它看淡今后1年半的利息。
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