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
. m" D5 g" T3 _  |4 t6 x" x2 v2.        New Deals Only, No pre-approvals.
% h& a5 y: }/ l4 g7 ?% O1 P# j6 G3.        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
  |: e+ T$ X3 F0 q4 G; g& D+ w5.        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.
* k* o' B  j- L$ C5 F; U7.        Minimum amortization is 15 years.

paul.dbyu

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