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:

) a% E! K- e7 V( T0 P3 g1.        Deal must close by August 28th 2009
3 ?  Z& j: L/ U0 d/ F6 F7 q5 F2.        New Deals Only, No pre-approvals.
3.        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
5.        Available on both conventional and high ratio (CMHC).
( B4 A- J0 d: U$ K6 x1 k* p+ b% Z5 m6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
7 }; v3 n- p* _- V: i* t0 {7.        Minimum amortization is 15 years.

paul.dbyu

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