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:

1.        Deal must close by August 28th 2009
2.        New Deals Only, No pre-approvals.
3.        Switches and transfers are not permitted.
4 T8 h) a  R* T7 T( q1 x4.        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
5.        Available on both conventional and high ratio (CMHC).
! d/ O4 T3 U$ g. W' j  [6 i6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
$ U, [$ G4 ?" n% m. W9 |7.        Minimum amortization is 15 years.

paul.dbyu

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