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18 month Fixed Rate term at the rate of 2.75%

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发表于 2009-6-25 08:55 | 显示全部楼层 |阅读模式
老杨团队,追求完美;客户至上,服务到位!
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 * H- T# B( k; ^4 V& _' W  ]
2.        New Deals Only, No pre-approvals.
! y+ h( \1 i: |; i; l- g6 k3.        Switches and transfers are not permitted.
1 j, C! I9 p4 v- r0 F: 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 0 s4 T# y/ b; W+ l# I" \, l
5.        Available on both conventional and high ratio (CMHC). : R# @9 n" g- J* E! n' K
6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
- f7 j5 ]& h& @( h3 R7.        Minimum amortization is 15 years.
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发表于 2009-6-25 11:32 | 显示全部楼层
银行推出这个产品,说明它看淡今后1年半的利息。
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