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:
- |* v& ?7 e$ L( ^/ `
7 G$ y5 q% a" n5 O1.        Deal must close by August 28th 2009
* B  V- _9 B; b3 K& v2.        New Deals Only, No pre-approvals.
) a1 I2 G4 H! x( C' ?9 Z  |3.        Switches and transfers are not permitted.
, a7 L* I7 c  B9 e) z6 L4.        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
5.        Available on both conventional and high ratio (CMHC).
8 M4 f4 V$ z0 `5 X6.        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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