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:

) r6 b2 s. B6 @5 d9 ~* R1.        Deal must close by August 28th 2009
2.        New Deals Only, No pre-approvals.
1 B- F8 A8 a6 k. K7 y( P8 W" N3.        Switches and transfers are not permitted.
/ P* R* p7 j& Q4.        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
& s  y+ a# n/ ~( A  |+ i/ g+ R5.        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.
8 h* T  M2 B& Z, s. F' |1 B& R7.        Minimum amortization is 15 years.

paul.dbyu

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