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CIBC has recently revised its special offer.
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. F; r2 G7 `9 K6 K% YWe 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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% \8 _& D: w; A8 V8 T/ r) Q1. 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.
/ n' L& A2 t! r+ Z; R0 B; YFor 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., p, d" k b, b' K, e1 a. [
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2. 2% cash back if you mortgage amount is between $75,000 to $399,999 4 p# W. k# K4 v, g
; s: z$ v8 `- UYou 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 $425,000. Therefore, you will get 3% cash back. In addition, you will only pay your mortgage interest rate on your card loan and AMEX VISA.5 v' C6 `8 G$ \1 g! I+ h
2 k; j* N! p7 U5 F3. $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, ^8 e& ]/ l+ J" c
Financial Service Representative0 M8 f% U F6 G- G! q0 A0 k
Work# 780-460-3203x236 |
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