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:

% g& S" u+ [4 m  k7 @1.        Deal must close by August 28th 2009
2.        New Deals Only, No pre-approvals.
$ R4 d" w2 s. }& I3.        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
7 Z7 G! c' D# l  k* U8 m$ u7 ^5.        Available on both conventional and high ratio (CMHC).
# t8 c8 r! ?2 c  C$ E6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
* ]# L# z) r3 I0 U& e4 B, l7.        Minimum amortization is 15 years.

paul.dbyu

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