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CIBC has recently revised its special offer.
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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. 9 O% \; h7 N r9 C
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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.# }' a/ V* N! V) L( U: |5 w9 O
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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: ~8 \, f1 ]( W" r. a' b2. 2% cash back if you mortgage amount is between $75,000 to $399,999
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1 b: ~1 Z" G" XYou 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 $425,000. Therefore, you will get 3% cash back. In addition, you will only pay your mortgage interest rate on your card loan and AMEX VISA., k/ r0 c0 g9 m$ _* P: S4 g) I2 T
% o7 M; m2 U3 r% X0 k1 n3. $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.' B p. X1 }# x: O% V" @
0 T2 Q Y2 s9 c+ |& dPierce Wang
! x/ J: x5 F' n5 LFinancial Service Representative N: p5 e: a, y: ]- V! f* c6 n6 Y
Work# 780-460-3203x236 |
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