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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& F' l9 i' `9 t1.        Deal must close by August 28th 2009
2.        New Deals Only, No pre-approvals.
1 y$ m8 P6 ?9 ]6 \7 ~1 N3.        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
# `" v; ^. {9 i# A8 k3 B( B' J  P0 K5.        Available on both conventional and high ratio (CMHC).
  l6 C: M3 e; Y2 \6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
7.        Minimum amortization is 15 years.

paul.dbyu

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