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
+ F$ {- S# W9 n2.        New Deals Only, No pre-approvals.
# V7 i3 E; u8 u! R8 F" P3.        Switches and transfers are not permitted.
/ Q) o/ O, z5 B( p  h' k4.        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
) D- Y, a, j, ^8 Z5 b5.        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.
4 y* C4 _# q3 T2 R7.        Minimum amortization is 15 years.

paul.dbyu

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