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:

6 f: g' S# H" f2 Q! t1.        Deal must close by August 28th 2009
2.        New Deals Only, No pre-approvals.
3.        Switches and transfers are not permitted.
! n+ [7 Y- q$ b+ X4.        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).
( K3 k, W" f$ V6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
$ c4 S4 q: d$ x9 H" t7.        Minimum amortization is 15 years.

paul.dbyu

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