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CIBC has recently revised its special offer.# C6 v$ z. Y1 K+ p' _( @0 p
+ m3 W4 e! X2 n! U: N6 P) q7 lWe 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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; E+ t! X, ~4 I' F5 g& F Z/ \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.: R6 E: x8 p/ V/ q* K
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
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& a+ c- K& ]" ~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 $425,000. Therefore, you will get 3% cash back. In addition, you will only pay your mortgage interest rate on your card loan and AMEX VISA., W$ q$ s5 E$ c4 j& _
+ j }8 f5 c- {; v0 u" v, r0 B3. $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 $499 for you.- H$ ^; |) c3 k5 A0 e- v N9 O
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Pierce Wang
- l" x/ _' ~$ i4 R% BFinancial Service Representative$ Y* E U. k$ K. e* K2 b4 ^ C
Work# 780-460-3203x236 |
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