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
2.        New Deals Only, No pre-approvals.
3.        Switches and transfers are not permitted.
" \. N0 ]" s8 G; |# P4.        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
) W3 i) y/ {* ]8 [5.        Available on both conventional and high ratio (CMHC).
% O5 Q; k! A  r, o4 G" T( V: w2 B6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
, q7 {6 J) E( C3 r% l0 W  c7.        Minimum amortization is 15 years.

paul.dbyu

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