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CIBC has recently revised its special offer.2 B5 Y( Z# }. m* `% ~
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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. ) A4 r. x4 D9 [3 x
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; `- \' }9 d1 \4 G# i- g( W1. If you transfer your mortgage from another financial institution to CIBC, and your mortgage amount is more than $400,000, we give you 3% cash back free money with a very low interest rate.
3 l1 _2 ~7 v! K; k8 M$ YFor 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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3 x; Z- S( x, p6 h2. 2% cash back if you mortgage amount is between $75,000 to $399,999 0 s/ W# S; ?, P! Y5 ^
) D4 s& `, k2 @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 $425,000. Therefore, you will get 3% cash back. In addition, you will only pay your mortgage interest rate on your card loan and AMEX VISA.( T+ {; L$ a% i1 F! f
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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 E* T( y* `3 z1 _5 h
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Pierce Wang
' H8 e; u `% c0 H7 gFinancial Service Representative
' x( \( R3 T( q3 P uWork# 780-460-3203x236 |
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