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CIBC has recently revised its special offer.1 o! a |# J5 A* d; i. q2 S; i
9 X( e+ I+ a! p) bWe 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 $75,000 now. & h2 w( V$ y& i/ R% Q
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; z& l) {4 H& Z1. If you transfer your mortgage from another financial institution to CIBC, and your mortgage amount is more than $400,000, we give you 3% cash back free money with a very low interest rate.
# y8 N$ @/ U& t9 L- S" c, \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 9 Y9 ~2 d2 |+ ?( e3 @+ x. y1 N
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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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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 $499 for you.9 w) @) H' c+ U, A$ j7 Y$ k5 p
6 \9 ^) h. @- {% wPierce Wang
( G( k) s$ a0 j+ L, N4 oFinancial Service Representative
# k& C; l3 C R# }/ B- f7 DWork# 780-460-3203x236 |
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