 鲜花( 65)  鸡蛋( 0)
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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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9 Z; p9 Y' I8 I1. Deal must close by August 28th 2009 * H- J4 J/ t9 S( `" U
2. New Deals Only, No pre-approvals. ) U5 A, H) y3 H% K l0 f8 Q/ G
3. Switches and transfers are not permitted. H/ g( k: e, M7 A! _9 J9 |
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 * }2 S6 P: @, I6 ?) P* X
5. Available on both conventional and high ratio (CMHC). 7 F+ T* }- Y( ?" [% g; I8 ^
6. 15bp premium would be added to the rate where applicable for Rental properties or BFS applicants. 3 |+ X, `3 B# N1 L5 `! n& q. D
7. Minimum amortization is 15 years. |
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