MERIX FINANCIAL MORTGAGE RATES MERIX Financial Prime Rate ...

MERIX FINANCIAL PUBLISHED MORTGAGE RATES

STANDARD 5 Year Rates

LTV

Insured Purchases & Transfers

Up to 95%

Up to 65%

Insurable Purchases & Transfers

65.01 - 70%

70.01 - 80%

Uninsurable Purchases & Refinances

Up to 80%

Uninsured Rentals

Up to 80%

? For Insured/Insurable Rentals, please add 5bps to the rates quoted above.

PRE-APPROVAL 5 Year Rates

Insured Pre-Approvals Insurable Pre-Approvals

? For information about Pre-approvals, click here.

LTV Up to 95% 65.01 - 80%

Fixed 5.34% 5.34% 5.44% 5.59% 5.94% 6.34%

Fixed 6.14% 6.44%

Effective: July 5th, 2023, at 11:59 PM EDT MERIX Financial Prime Rate: 6.95% Qualifying Rate: 5.25%

Rate Hold (Days) 120 120 120 120 120 120

ARM

P - 0.90% P - 0.90% P - 0.75% P - 0.60% P - 0.20% P + 0.20%

Rate Hold (Days) 120 120 120 120 120 120

Rate Hold (Days) 120

120

ARM P + 0.45% P + 0.65%

Rate Hold (Days) 120

120

CASHBACK 5 Year Rates

1%

Fixed Term

ARM Term

up to 95% LTV (Insured) up to 65% LTV (Insurable) 65.01 - 70% LTV (Insurable) 70.01 - 80% LTV (Insurable) up to 95% LTV (Insured) up to 65% LTV (Insurable) 65.01 - 70% LTV (Insurable) 70.01 - 80% LTV (Insurable)

5.64% 5.64% 5.74% 5.89% P - 0.70% P - 0.70% P - 0.55% P - 0.40%

? Click here for more information on the MERIX Cashback Product.

1.5%

5.79% 5.79% 5.89% 6.04% P - 0.55% P - 0.55% P - 0.40% P - 0.25%

2%

5.94% 5.94% 6.04% 6.19% P - 0.45% P - 0.45% P - 0.30% P - 0.15%

3%

6.24% 6.24% 6.34% 6.49% P - 0.20% P - 0.20% P - 0.05% P + 0.10%

5%

6.69% 6.79% 6.94%

P + 0.30% P + 0.45% P + 0.60%

Click here to log in and see promos in your market Click here for Posted Rates

DISCLOSURE:

? Rates apply to MERIX and Lendwise and standard commission applies unless otherwise stated. ? All rates and premiums are subject to change without notice. ? Qualify using the greater of the contract mortgage rate + 2% or the floor rate as defined by the OSFI. ? Please note that for conversions from Adjustable-Rate Mortgage terms to Fixed Rate terms, posted rates will be used.

Classification: Internal

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