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CIBC has recently revised its special offer.2 B, v# \! B% ? j
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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. % H) }9 _: o, n) Q" V7 u# H8 z: w. z" x
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5 n. g# k% e/ o1. 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.
6 O0 f) o, }0 C; X6 b9 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.6 [ p% y- J2 `; [ ?8 C
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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.
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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 $499 for you.$ n* `- M9 k' D
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Pierce Wang6 u4 O6 B' }+ _+ l
Financial Service Representative
8 U7 U/ i$ b ]$ @% EWork# 780-460-3203x236 |
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