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:

; L" i* V" I+ {2 y& F& }0 r/ k1.        Deal must close by August 28th 2009
2.        New Deals Only, No pre-approvals.
8 V% }6 K* q1 b/ c% o3.        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
8 Y. L& K3 w# N3 ?. W  v5.        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.
+ m- B* B! A; Z4 T+ ^7.        Minimum amortization is 15 years.

paul.dbyu

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