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CIBC has recently revised its special offer.3 m2 j5 e8 k# y" b1 Q$ F, |
, `, |: U5 `) }9 ~0 }/ BWe 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 $75,000 now. 8 M4 C* E; q$ J5 Z
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w+ ]6 }9 g- e5 s1. 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.* W& B5 m& a) \; L9 N: O/ s, t
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.! \% b% g" C e" O+ ]
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2. 2% cash back if you mortgage amount is between $75,000 to $399,999 " g5 M1 N; p+ z$ p4 S- b0 @
0 k1 A6 U' _0 P* h! W9 PYou 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.. m) c& T1 E- ?; i
n" X" ?! w" |0 r- e5 JPierce Wang
/ C5 G, l" J8 e8 j2 d: U' wFinancial Service Representative/ T! d- ~2 \, |3 ?: D
Work# 780-460-3203x236 |
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