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CIBC has recently revised its special offer., w+ U" @9 {# x1 S! Q$ K5 O
# [6 h" u) d: g( c! \5 bWe 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. ' e6 [) s2 W' F
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1. If you transfer your mortgage from another financial institution to CIBC, and your mortgage amount is more than $400,000, we give you 3% cash back free money with a very low interest rate.
7 o( ?6 A! K- Z$ g( |0 I- CFor example, you transfer 400k mortgage to CIBC, CIBC will deposit 3%*400,00=$12,000 to your bank amount. You can use this money for your vacation, or you can make a lump sum payment to your mortgage to decrease your mortgage amortization.$ L6 V, r* Z! v- V
2 ^# E* y5 p' K5 G- y2. 2% cash back if you mortgage amount is between $75,000 to $399,999 : h2 O# u8 m/ G) X: {6 R2 |
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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.
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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 $499 for you.1 l8 q, m# @1 a% g$ `+ W) U
5 L1 K7 |; E- o+ L% A" h) SPierce Wang0 f1 j; T2 W7 ]. Z0 Y" ^# y% h! g
Financial Service Representative. i) r- _& k& t1 c
Work# 780-460-3203x236 |
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