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:
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1.        Deal must close by August 28th 2009
2.        New Deals Only, No pre-approvals.
3.        Switches and transfers are not permitted.
8 \0 q% \4 P" [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
1 h5 N% y8 q. G* G: N8 o1 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.
+ I0 {6 {5 C8 m7.        Minimum amortization is 15 years.

paul.dbyu

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