MERIX FINANCIAL AND LENDWISE Effective: October 22, 2019 3.95 ...

[Pages:1]MERIX FINANCIAL PUBLISHED MORTGAGE RATES

Effective: May 26th, 2022, at 11:59 PM EDT MERIX Financial Prime Rate: 3.20% Qualifying Rate: 5.25%

STANDARD 5 Year Rates

LTV

Fixed

Rate Hold (Days)

ARM

Insured Purchases & Transfers

Up to 95%

4.19%

120

P - 0.90%

Up to 65%

4.19%

120

P - 0.90%

Insurable Purchases & Transfers

65.01 - 70%

4.29%

120

P - 0.75%

70.01 - 80%

4.39%

120

P - 0.60%

Uninsurable Purchases & Refinances

Up to 80%

4.74%

90

P - 0.45%

Uninsured Rentals

Up to 80%

5.49%

90

P + 0.60%

Insured Pre-Approvals

Up to 95%

4.74%

120

P + 0.45%

Insurable Pre-Approvals

65.01 - 80%

4.99%

120

P + 0.65%

? Please speak to your DBD/PAM for Interest-Only Flex and Insured Rental Rates (Standard Rates are available for BFS Alt-A with no premium) ? Far information about Pre-approvals, click here. For information in the Rate Plus Mortgage click here. ? Please note that for conversions from Adjustable-Rate Mortgage terms to Fixed Rate terms, posted rates will be used.

Rate Hold (Days) 120 120 120 120 90 90 120 120

CASHBACK 5 Year Rates

up to 95% LTV (Insured)

Fixed Term

up to 65% LTV (Insurable) 65.01 - 70% LTV (Insurable) 70.01 - 75% LTV (Insurable)

75.01 ? 80% LTV (Insurable)

up to 95% LTV (Insured)

ARM Term

up to 65% LTV (Insurable) 65.01 - 70% LTV (Insurable)

70.01 - 75% LTV (Insurable)

75.01 ? 80% LTV (Insurable)

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

1%

4.59% 4.59% 4.74% 4.89% 4.89% P - 0.70% P - 0.70% P - 0.55% P - 0.40% P - 0.40%

1.5%

4.74% 4.74% 4.89% 5.04% 5.04% P - 0.55% P - 0.55% P - 0.40% P - 0.25% P - 0.25%

2%

4.89% 4.89% 5.04% 5.19% 5.19% P - 0.45% P - 0.45% P - 0.30% P - 0.15% P - 0.15%

3%

5.19% 5.19% 5.34% 5.49% 5.49% P - 0.20% P - 0.20% P - 0.05% P + 0.10% P + 0.10%

5%

5.64% 5.79% 5.94% 5.94%

P + 0.30% P + 0.45% P + 0.60% 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 specified. ? All rates and premiums are subject to change without notice and rates stated may not be available for all lending programs or deals scenarios. ? Qualify using the greater of the contract mortgage rate + 2% or the floor rate as defined by the OSFI. ? One float down per file to a published rate is permitted (specials not included, and some exceptions apply). Click here to request a float down. ? These rates do not apply to the province of Quebec. Please contact your DBD/PAM for Quebec rates.

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