1+1+1 Fixed rates for Completed Resale/Refinancing (3 year lock-in)
Year 1: 1.89% FIXED
Year 2: 2.18% FIXED or Option to change to any prevailing interest rate package
Year 3: 2.18% FIXED or Option to change to any prevailing interest rate package
Year 4 & Thereafter: FHR8 + 1.23% = *2.18%* (floating )
- 3 years lock in
- one time free conversion during lock in period to any prevailing rate
- waiver of penalty due to sale during lock in period
*documents must be in for the banker to key into system before end july*
*this Option to change your package in year 2 or year 3 gives buyers the flexibility to enjoy lower rates in the event of interest rates decreasing, while giving them stability to fall back on with an attractive fixed rate
