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:

+ N/ ]6 g0 I) k1 n6 c# Z1.        Deal must close by August 28th 2009
2.        New Deals Only, No pre-approvals.
  v# X* L; @/ v3.        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
0 U" m- k$ \& _' O) j0 V6 Q6 I5.        Available on both conventional and high ratio (CMHC).
6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
& L2 s% D, o" z- e5 e& x7.        Minimum amortization is 15 years.

paul.dbyu

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