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CIBC has recently revised its special offer.) n* k# e# p% C2 u1 }* R$ k
" w) F( u& L( B t2 m0 b% _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. , z( E+ K' ]- [3 r6 `) T0 x& E
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1. If you transfer your mortgage from another financial institution to CIBC, and your mortgage amount is more than $400,000, we give you 3% cash back free money with a very low interest rate. s0 M0 b8 Z* G% A$ @0 z/ w
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.9 Z O+ j: Y* k- V j6 a9 \- w
u+ j2 C C M8 A* W5 H2 v f2. 2% cash back if you mortgage amount is between $75,000 to $399,999
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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 $425,000. Therefore, you will get 3% cash back. In addition, you will only pay your mortgage interest rate on your card loan and AMEX VISA. G- ]( `- r k& D' S4 V0 D
. a0 t; ~/ S$ W+ @* t* [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 $499 for you.
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Pierce Wang
1 X# m2 Y4 _3 c9 R# P6 q$ K( F& xFinancial Service Representative
2 T/ q, z+ _& z" W7 e) ?5 BWork# 780-460-3203x236 |
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