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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1.        Deal must close by August 28th 2009
1 X7 |6 V8 I! b0 h! l3 G1 @. r5 b2.        New Deals Only, No pre-approvals.
. Y( }/ ]- Z/ A9 Q+ W: ^* J* c3.        Switches and transfers are not permitted.
2 L$ h7 U: `+ f; R* y: {' 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
- i) Y( C' D6 \6 B0 H1 T5.        Available on both conventional and high ratio (CMHC).
" f+ [- K% j& x: U& k6.        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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