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:

# x6 D* [8 _* k) o1.        Deal must close by August 28th 2009
+ a( o0 U$ Y$ c1 `5 v8 _2.        New Deals Only, No pre-approvals.
' S% e1 x  d1 D$ }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).
) [' ], r: t* a2 g* u6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
& r( G; ~1 a' w$ G7.        Minimum amortization is 15 years.

paul.dbyu

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