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CIBC has recently revised its special offer.& u. [ R% w$ ~" B( F; v3 C- V+ M
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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.
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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.; o6 C2 A" `9 I: b s7 M4 x8 k& Y
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." c/ E5 T' b4 c3 i5 t3 ^
! d8 Y3 \, W7 ^7 \2. 2% cash back if you mortgage amount is between $75,000 to $399,999
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+ P# x! ~* b% R) {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.
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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 $499 for you.
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Z+ c D; t) ]Pierce Wang4 ]4 B. a5 Y2 ^5 j0 d/ s$ s- f6 e; Q) n
Financial Service Representative* t0 G4 u1 l8 g
Work# 780-460-3203x236 |
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