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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. " l3 P& E" G0 d
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" f) C0 \0 V0 ^8 I& x1. If you transfer your mortgage from another financial institution to CIBC, and your mortgage amount is more than $400,000, we give you 3% cash back free money with a very low interest rate.! S% G$ c- ^7 d/ O
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.; u" N5 H8 D1 Z3 p0 j7 S, f
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2. 2% cash back if you mortgage amount is between $75,000 to $399,999
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9 D& t8 q) J' c5 x4 eYou 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.. ~1 l) I: R3 T
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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.# U1 b( D1 w3 ?! [
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Pierce Wang
2 ~3 h+ n2 M4 |4 QFinancial Service Representative# W" |5 ~% }7 Z8 `7 k
Work# 780-460-3203x236 |
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