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:

: F3 Y0 y# T7 x4 Y' y0 J5 u! o1 ^/ N1.        Deal must close by August 28th 2009
7 M9 h9 s3 t. B7 t2.        New Deals Only, No pre-approvals.
3.        Switches and transfers are not permitted.
5 C) a# Y/ f" h2 A! I5 W4.        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
5 i4 E2 o4 _0 ]5.        Available on both conventional and high ratio (CMHC).
; \3 H& u+ j- P# n: |: L) I6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
. H' w( m/ Z9 U! w4 g7.        Minimum amortization is 15 years.

paul.dbyu

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