 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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! W2 m0 q+ g3 Z$ K& R; a$ z8 D2 A1. Deal must close by August 28th 2009 8 l5 ]; p+ D% s7 r7 C
2. New Deals Only, No pre-approvals. ; @' e. {* c- q4 Z8 X: _
3. Switches and transfers are not permitted. 2 S1 Q. [$ e/ v9 U _9 P, F, }, N
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 0 c* b! B2 x6 }5 e J
5. Available on both conventional and high ratio (CMHC).
9 M' Z9 X0 ~1 d( |6. 15bp premium would be added to the rate where applicable for Rental properties or BFS applicants. / O4 N- v* |1 k* ^0 a! _
7. Minimum amortization is 15 years. |
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