April 20, 2020 at 11:59 PM EDT MERIX FINANCIAL MORTGAGE ...

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 - 75%

75.01 - 80%

Uninsurable Purchases & Refinances

Up to 80%

Uninsured Rentals

Up to 80%

? For 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

4.89% 4.89% 4.99% 5.04% 5.09% 5.34% 5.64%

Effective: June 5th, 2024, at 11:59 PM EDT MERIX Financial Prime Rate: 6.95% Qualifying Rate: 5.25%

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

ARM

P - 0.95% P - 0.95% P - 0.80% P - 0.65% P - 0.65% P - 0.40% P - 0.10%

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

Fixed 5.74% 5.94%

Rate Hold (Days) 120

120

ARM N/A N/A

Rate Hold (Days) N/A

N/A

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 - 75% LTV (Insurable) 75.01 - 80% LTV (Insurable) up to 95% LTV (Insured) up to 65% LTV (Insurable) 65.01 - 70% LTV (Insurable) 70.01 - 75% LTV (Insurable) 75.01 - 80% LTV (Insurable)

5.19% 5.19% 5.29% 5.39% 5.39% P - 0.75% P - 0.75% P - 0.60% P - 0.45% P - 0.45%

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

1.5%

5.34% 5.34% 5.44% 5.54% 5.54% P - 0.60% P - 0.60% P - 0.45% P - 0.30% P - 0.30%

2%

5.49% 5.49% 5.59% 5.69% 5.69% P - 0.50% P - 0.50% P - 0.35% P - 0.20% P - 0.20%

3%

5.79% 5.79% 5.89% 5.99% 5.99% P - 0.25% P - 0.25% P - 0.10% P + 0.05% P + 0.05%

5%

6.24% 6.34% 6.44% 6.44%

P + 0.25% P + 0.40% P + 0.55% P + 0.55%

DISCLOSURE:

Click here to log in and see posted rates & promos in your market.

? Rates apply to MERIX and Lendwise and standard commission applies unless otherwise stated. ? Rate buydowns up to 20 bps are permitted on all files. ? The Small Rental Program is only available on 5-year terms.* ? Insurable Promo Rates: minimum credit score of 680 is required for at least one (1) qualifying applicant. ? 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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