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CIBC has recently revised its special offer.
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) J, u# `) I: h3 ~6 A x& i" \5 V+ GWe increase our cash back offer from 2% to 3 % if your mortgage amount is more than $400,000. We also decrease our minimium mortgage amount from $125,000 to $75,000 now.
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1. If you transfer your mortgage from another financial institution to CIBC, and your mortgage amount is more than $400,000, we give you 3% cash back free money with a very low interest rate.7 Z2 ?- o" O1 ^4 j7 V
For example, you transfer 400k mortgage to CIBC, CIBC will deposit 3%*400,00=$12,000 to your bank amount. You can use this money for your vacation, or you can make a lump sum payment to your mortgage to decrease your mortgage amortization.9 Q5 |5 k5 r7 U- ]7 S( f1 j- [
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2. 2% cash back if you mortgage amount is between $75,000 to $399,999
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You can also consolidation your other debts with your mortgage, for example, you have a car loan $30,000 with 3.9% interest rate, $10,000 AMEX VISA with 11.5% interest, and a mortgage $385,000 with another Financial institution. If you only transfer your mortgage to us, you only get 2% because the total amount is less than $400,000. You can consolidate everything with your mortgage, so the total amount will be $425,000. Therefore, you will get 3% cash back. In addition, you will only pay your mortgage interest rate on your card loan and AMEX VISA.( X' q8 H4 `; L
# x. d* v! @9 } @+ M5 w6 p( x; R' \/ k3. $499 Home Equity Line of Credit set up waiver. If you get a home equity line of credit with CIBC, and use $30,000 in 4 months, CIBC will waive the national fee $499 for you.9 v7 J0 X5 l) d: u4 E. z
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Pierce Wang) c: u7 V3 ]' Q5 ^# q
Financial Service Representative5 S0 P- m4 F$ M- U
Work# 780-460-3203x236 |
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