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CIBC has recently revised its special offer.
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j# m) t' C" ]6 t T* z$ p+ IWe 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. + F7 h8 y) i7 g6 Z
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# l+ z, T7 ^& h! s6 Y X9 w# Y1 ~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.5 I# m1 s0 ^: u
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.+ q: O* p4 x T9 r7 ]
1 n8 ?+ P: _6 M2 W! Z) [3 K2. 2% cash back if you mortgage amount is between $75,000 to $399,999
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0 I) F/ C6 R! T! C% a7 V2 x6 _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.& W; J8 u# o1 d( y0 \' }; L
7 J' V/ b' N, C5 ?1 \4 p3. $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( B& B; X) D2 f/ i% V9 a- {& ~
Financial Service Representative, v7 O- n! C/ k1 L" W: P+ w( c# d9 J# Y
Work# 780-460-3203x236 |
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