Merix Mortgage Rates


Merix

As of February 14, 2024

As of February 14, 2024

Term
Best Rates
Other Details
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  • 1 Year Fixed

    7.44%

    Payment: $18,94/mo

    20/20 pre payment
  • 2 Year Fixed

    7.14%

    Payment: $18,94/mo

    20/20 pre payment
  • 3 Year Fixed

    5.99%

    Payment: $18,94/mo

    20/20 pre payment
  • 4 Year Fixed

    5.99%

    Payment: $18,94/mo

    20/20 pre payment
  • 5 Year Fixed

    5.44%

    Payment: $18,94/mo

    -
  • 10 Year Fixed

    -

    Payment: -

    -
  • 5 Year Variable

    6.3%

    Payment: $18,94/mo

    -

Merix Financial Facts and Figures

Nestled within Ontario’s thriving real estate market, Merix Financial stands as a beacon of trust and reliability. From its inception, Merix has catered to Ontarians, sculpting financial solutions tailored for the diverse landscape of this province. As Ontario homeowners and purchasers seek innovative solutions to their unique needs, Merix remains at the forefront, offering an array of specialized mortgage products. Let’s dive deeper into what Merix Financial brings to the table.

Merix’s Unique Mortgage Solutions

Family Plan Program: Recognizing the close-knit nature of Ontario families, the Family Plan mortgage is a gift. It empowers borrowers to help family members who may not meet traditional income benchmarks to own a home. This program resonates particularly with parents in Ontario looking to secure homes for their children attending post-secondary institutions and adult children intending to provide a comfortable abode for their elderly parents.

Flexible Down Payment Program: Flexibility is paramount in the ever-evolving Ontario real estate market. Merix’s Flexible Down Payment program understands this need. It grants borrowers the liberty to utilize existing credit facilities or even gifts from immediate family members as their down payment or for covering closing costs. This program offers an avenue to Ontario residents, ensuring they don’t miss out on their dream home due to stringent down payment constraints.

Purchase Plus Improvements Mortgage: Ontario’s blend of historical and modern architecture often presents homes brimming with potential. The Purchase Plus Improvements Mortgage is crafted for those visionaries eager to transform a new purchase with enhancements. By marrying the home’s purchase and improvement costs into a singular mortgage, Merix offers a streamlined solution. Improvements can’t exceed 20% of the property’s initial value or $40,000, ensuring the “as improved value” remains under $1M.

Second Homes Mortgage: Ontario’s vast expanse, from its serene lakesides to bustling urban centers, makes it a prime locale for second homes. Merix’s Second Homes Mortgage is tailored for those looking to possess a piece of Ontario’s diverse landscape, enabling them to purchase a second dwelling with minimal down payment and manageable monthly outflows.

Merix Service and Support

Merix Financial’s commitment isn’t solely in its vast product array but in the service accompanying each offering. Every mortgage solution is bolstered by a team of professionals dedicated to guiding Ontario’s homeowners and purchasers. It’s not merely about acquiring a mortgage; it’s about comprehending its nuances, ensuring every step aligns with the client’s holistic financial vision.

Reach Out to Merix Financial

Address: 390 Bay St. #1800, Toronto, ON M5H 2Y2

Phone Number: 1-877-637-4911

Amidst the plethora of lenders in Ontario, Merix Financial emerges as a distinct presence. It embodies a deep understanding of Ontario’s homeownership dream and actively works to render it accessible, affordable, and, above all, understandable. Whether it’s buying your first home, investing in a secondary residence, or seeking innovative financial solutions, Ontario residents can rest assured, knowing they’re in Merix’s expert care.