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CIBC has recently revised its special offer.
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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 $75,000 now. ( {! D9 n9 f5 W4 j; |3 h1 q; E) E
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# ]- ?2 a% x) H4 m$ |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.4 M2 N3 ~- M7 I' B. i+ f: 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.0 |- L5 t8 t! v2 r
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2. 2% cash back if you mortgage amount is between $75,000 to $399,999 8 F8 O$ s7 s/ A* v
; M$ E- O7 K4 S2 m8 lYou 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 $425,000. Therefore, you will get 3% cash back. In addition, you will only pay your mortgage interest rate on your card loan and AMEX VISA.
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7 Q" I1 B: u! c4 P- D4 E$ G; _8 o- R3. $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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- X" U8 X7 |0 S! j% k- T' _ @Pierce Wang
$ ^4 W% S/ z: lFinancial Service Representative7 Q% O* p' M* G% t( ^' }
Work# 780-460-3203x236 |
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