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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. " [" D" X+ \' G) Z% [
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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., Q; ~- y, W U( q
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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, K8 S4 y2 M. |% \2. 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.5 N4 E" I" |- u/ \7 R ?8 M7 o. q/ ]5 |
+ {# z! t2 D. F7 i l: o, b3. $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.2 _. i* U+ G2 u9 a( w# J( P! o
' T+ B& ]3 S) c: E6 m: y0 `0 pPierce Wang
, m4 w) ?5 E0 \; B* p9 d! ~; |1 dFinancial Service Representative
1 R2 v' o [4 |" LWork# 780-460-3203x236 |
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