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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5 I( q2 v3 ~+ {1.        Deal must close by August 28th 2009
2.        New Deals Only, No pre-approvals.
# L' `+ f4 E7 p! i1 j: ~, U3.        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
2 |9 d, v$ ~% u* {$ C3 l5 c5.        Available on both conventional and high ratio (CMHC).
6 O: m3 _0 {! y! }2 V6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
7 V( H  w6 o7 H% \, Y; x/ l! H  x7.        Minimum amortization is 15 years.

paul.dbyu

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