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CIBC has recently revised its special offer.( G3 a! |6 z8 T
, R; V6 y2 {1 ^2 y! }We 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. 1 x8 S. G' Y3 f+ k+ s
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) f: M( }2 D7 J1 [1. If you transfer your mortgage from another financial institution to CIBC, and your mortgage amount is more than $400,000, we give you 3% cash back free money with a very low interest rate.
6 }" y( i- S' J0 R. n$ H" ]0 ]. ~8 o+ qFor 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.
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& z8 o1 ]/ y1 z5 a' g2. 2% cash back if you mortgage amount is between $75,000 to $399,999 9 k4 Q& C6 j$ ]8 `$ |
U7 C7 }$ B8 ]2 J$ S" x0 xYou 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.
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3. $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.
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Pierce Wang! T) N& z" }- o) c8 R9 ~
Financial Service Representative
7 T* \7 a n2 t; }" S3 _Work# 780-460-3203x236 |
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