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CIBC has recently revised its special offer.0 w6 x R. @' h, s" 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.! s5 r k; \4 m# ^; s: x" T: _
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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, ]( i y+ O2 G& J; x F6 \2. 2% cash back if you mortgage amount is between $75,000 to $399,999 . |! n9 T; W: z
8 |$ N' Z% v4 ?, cYou 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 y1 n, j4 K6 E) Z. J
- G% C1 k" S* a, d9 p3. $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.+ ^& x2 j, J" z) y# ?
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Pierce Wang" \2 |. \% A6 {9 k. w4 A! z2 D) `
Financial Service Representative
" d) V1 a1 Z' ~Work# 780-460-3203x236 |
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