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CIBC has recently revised its special offer.( _6 ]# }, M: E- R' o- G
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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 $75,000 now. ( e0 v$ H. B- g% H0 D7 e, b2 N1 C
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5 ]0 Q3 y- O/ T) y) C8 K; B: @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.
1 d6 M/ N: b; E0 h2 }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.+ N3 g2 |+ f& b _4 N, k
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2. 2% cash back if you mortgage amount is between $75,000 to $399,999 % J, r3 Z) h T. X; E- K
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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.
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4 T7 J: f1 N/ E# [6 @Pierce Wang) k4 o; |3 T8 T& z
Financial Service Representative" o; C6 q* L9 q
Work# 780-460-3203x236 |
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