 鲜花( 65)  鸡蛋( 0)
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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
0 T& T: J' i# g5 K& Y+ z2. New Deals Only, No pre-approvals. + T. y$ D7 [8 e" V/ z; L. ~
3. Switches and transfers are not permitted.
4 G- m3 x" } J5 w; p7 ^# A( 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
, J% p! B, s' W4 o1 X2 C' N3 c5. Available on both conventional and high ratio (CMHC). + b- U, z! I5 Q/ `' ~% c5 |$ X
6. 15bp premium would be added to the rate where applicable for Rental properties or BFS applicants. , u7 a" | H$ }9 V/ g n3 _
7. Minimum amortization is 15 years. |
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