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CIBC has recently revised its special offer.6 e$ m4 E2 e# v, g8 w
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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.' Y; \4 E9 N1 x7 X
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.3 {* g8 P- w: t9 f8 `3 @4 b0 K
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2. 2% cash back if you mortgage amount is between $75,000 to $399,999 - y- x4 k& q( B
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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.- P7 z( ]0 I" [! h( g# K. ]
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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.5 u7 H' I* g% o3 J( v4 J5 r
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Pierce Wang
; [" [3 }/ Q7 t( F- IFinancial Service Representative: ]7 a, t: g* q' n! k: o# H
Work# 780-460-3203x236 |
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