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:

* E% `+ [( Z/ J) N# i1.        Deal must close by August 28th 2009
) F7 j! ?7 W% m( p* {* O2.        New Deals Only, No pre-approvals.
3.        Switches and transfers are not permitted.
4.        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).
& o6 y" [6 a; R4 v: N6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
' K4 \; W: v- l! F( U7 Y7.        Minimum amortization is 15 years.

paul.dbyu

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