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CIBC has recently revised its special offer.3 ]6 c0 h* b& W$ m6 i8 a
) l- W0 H" G1 B9 J2 \& o% pWe 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 $75,000 now. 1 @. O& `) t" \; o% P$ E( C& q' f P1 U
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B* w( o' ^; L$ T a, @5 b6 f1. 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 \; o! F. e" v3 N8 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.- S/ J, k6 e3 V8 |7 Y, b
# T. c0 U, L, A6 i0 _& N2. 2% cash back if you mortgage amount is between $75,000 to $399,999
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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.) x: }# E3 o( q9 m+ U
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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 $499 for you.
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Pierce Wang8 o$ a; E6 h9 o# A% _4 Y, f ~
Financial Service Representative+ b* p; Y- [8 E) F
Work# 780-460-3203x236 |
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