鲜花( 65) 鸡蛋( 0)
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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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