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CIBC has recently revised its special offer.) |$ v( _8 b- P& h0 w( Z
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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.
' G( i) ^0 ], i- a+ B0 KFor 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.! t- a3 t! {- i
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2. 2% cash back if you mortgage amount is between $75,000 to $399,999
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# S) s! H4 t0 `% kYou 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.7 h+ \+ \7 L5 o& Q
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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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8 O# d' g+ R( j- Z6 G T7 ?Pierce Wang
& @5 i( I9 O2 M* A/ [4 m# m8 {Financial Service Representative
/ A0 d, V8 C, G6 cWork# 780-460-3203x236 |
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