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CIBC has recently revised its special offer.: `7 p# _7 g. c( y# X" b/ K# _* {2 U
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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 $400,000, we give you 3% cash back free money with a very low interest rate.0 ~$ V/ d2 h, p+ 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.
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2. 2% cash back if you mortgage amount is between $75,000 to $399,999 1 r" n8 D8 c, ]7 d; t* }+ H1 b
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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 $425,000. Therefore, you will get 3% cash back. In addition, you will only pay your mortgage interest rate on your card loan and AMEX VISA.% [$ C0 b0 N4 R S' }
* _( v7 o& I V0 a- s3. $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.. O% S+ y: O8 N/ p: k2 V3 D6 o
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Pierce Wang/ L W, i- B! W) P( o6 j; V
Financial Service Representative
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发表于 2010-3-1 10:22
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