Merix Financial- Overnight Offer and Rate Update

January 26, 2024 at 7:21:53 PM EST

Please note that effective midnight EST tonight, we will be introducing a new Quick Close promotion.
The changes are highlighted below.

MERIX Compensation Guide
Lendwise Compensation Guide

MERIX Financial Prime Rate: 7.20%

BOC Qualifying Rate: 5.25%
Rates Effective: January 11th, 2024 at 11:59 PM EST

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

For information about Pre-approvals, click here.

Click here for more information on the MERIX Cashback Product.

DISCLOSURE: Click Here for Posted Rates

• 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.