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:

0 i: a) ~, W# T. {3 f$ k$ |% v1.        Deal must close by August 28th 2009
7 ^1 ^' E! A; q, j: J+ o8 W2.        New Deals Only, No pre-approvals.
- a( k+ G' T' `1 E" A6 y3.        Switches and transfers are not permitted.
2 L, `3 Z6 ?) j6 c4.        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
6 P$ O0 U! d$ X% v- l5 G% }8 s5.        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.
' J. z$ p; ^2 v' H+ j8 c7.        Minimum amortization is 15 years.

paul.dbyu

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