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CIBC has recently revised its special offer.6 `9 s4 Y- ]: S) H% s: M$ l
( T/ z! J; u0 O) o) P8 QWe 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. 4 E4 x7 U" |4 X5 `) Z
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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.
" h: o* n' S g- cFor 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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2. 2% cash back if you mortgage amount is between $75,000 to $399,999 / x O2 L) j6 U% C
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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.
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2 z6 z# y( `; p% h0 |/ ^7 `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.; Y' }5 f4 d/ V' d2 Z V9 x7 K
' j& ?+ t8 ^( a% X: NPierce Wang
( |" X, C( B2 D/ Y6 x4 S, y4 ]Financial Service Representative
, G) N7 ^% o8 F' G1 G( C2 o: AWork# 780-460-3203x236 |
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