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CIBC has recently revised its special offer.0 R8 O( R5 D! s2 e
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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. ) D7 z; x' s c. `: T
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: }2 a7 N" n- C, f6 s1. If you transfer your mortgage from another financial institution to CIBC, and your mortgage amount is more than $400,000, we give you 3% cash back free money with a very low interest rate.4 ?# C% [/ P3 x7 H( O* Z% E$ f
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.6 j2 l* _6 U2 L% t+ N. W
) c9 ]- ]/ Z" l% ^+ X1 Y2. 2% cash back if you mortgage amount is between $75,000 to $399,999 ; e0 c8 G8 Z0 _
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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 $425,000. Therefore, you will get 3% cash back. In addition, you will only pay your mortgage interest rate on your card loan and AMEX VISA.
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n" t X) O: c9 Y$ N4 l* |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 $499 for you.
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Pierce Wang% D: G6 ^; V; P$ X8 x' B c
Financial Service Representative4 _3 @' n# p% {* O v* o
Work# 780-460-3203x236 |
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