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Miro Rendine has been with MERIX for 2 years now! Thank you for all your hard work and dedication Miro!
We are pleased to announce that our Insured Business for Self ALT-A program (BFS) no longer requires an added rate premium! Standard insured rates are now available for this program, offering cost savings to self-employed borrowers who can’t provide traditional sources of income verification. Message your mortgage broker or your MERIX DBD/PAM today for details!
Do you require a bridge loan? MERIX will offer bridge loans up to $150,000 for 30 days at a rate of Prime +2%. Please contact your mortgage broker if you want to learn more about bridge loans and how they assist in making your home buying experience more comfortable!
According to the Canadian Real Estate Association, Canada's housing market showed signs of recovery from COVID-19 during the month of June. The average price of a Canadian resale home is $539,000, up 6.5 per cent from the average price a year earlier.
Attention broker partners! Did you know you can use the MERIX eXplore App to monitor deal status on the go? Download the app on your Android or iOS device today.
This morning the Bank of Canada announced that they are holding their key interest rate at 0.25% in response to the current economic outlook.
The amount of your down payment will impact your mortgage type and the interest rate used for qualifying purposes. Swipe to see the differences and be a mortgage expert or contact your mortgage broker today!
Sophia has been with MERIX for 2 years now! Thank you for all your hard work and dedication, Sophia!
Eva has been with MERIX for 2 years now! Thank you for all your hard work and dedication, Eva!
Attention mortgage broker partners! MERIX accepts 100% of Canada Child Benefit (CCB) and Provincial Child Assistance Benefits for children under the age of 12, provided it does not represent more than 30% of the borrower’s total qualifying income. A handy formula is (Non – CCB Income *30%) / 70%
April has been with MERIX for 11 years now! Thank you for all your hard work and dedication, April!
Nicole has been with MERIX for 3 years now! Thank you for all your hard work and dedication, Nicole!