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18 month Fixed Rate term at the rate of 2.75%

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鲜花(65) 鸡蛋(0)
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
" J6 O& I1 T# T* q8 A) g$ b" P# R2.        New Deals Only, No pre-approvals.
2 z8 b/ y; |! h8 \, \, y3.        Switches and transfers are not permitted.
& S' W9 R' ]4 a4 |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
/ L" ?# q) ^1 g( a2 S. \5.        Available on both conventional and high ratio (CMHC). : z7 j* _1 L+ P. W) v
6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
  @2 U% c" o  P% v3 e6 p7.        Minimum amortization is 15 years.
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鲜花(0) 鸡蛋(0)
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。
理袁律师事务所
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