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
9 a/ u# p$ d, V% x9 h% k( h2.        New Deals Only, No pre-approvals.
# F& u5 H% A4 E( v, Z0 M3.        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
- E3 D6 o; V# Z$ H5.        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.
$ e! b5 x, @6 W, q5 r7.        Minimum amortization is 15 years.

paul.dbyu

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