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CIBC has recently revised its special offer.
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! T8 T& c" T$ l7 l' qWe 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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' B6 E# ^9 G/ [0 G3 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.% V- L9 i3 e) v, F6 I
For example, you transfer 400k mortgage to CIBC, CIBC will deposit 3%*400,00=$12,000 to your bank amount. You can use this money for your vacation, or you can make a lump sum payment to your mortgage to decrease your mortgage amortization./ r8 F: P5 \7 L; S
# h; `: P! u$ O/ Z2. 2% cash back if you mortgage amount is between $75,000 to $399,999 . t8 g, a% X' C
+ A( Z: |3 y- f! `0 w+ kYou 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.+ u+ L2 ?& C, f. ]% E5 b
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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 $499 for you.
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/ T9 Y& z( ]$ l7 I1 uPierce Wang: I! F/ H7 A! Z, }4 U) f4 {. O+ T
Financial Service Representative% e: m( u+ O; K& Y7 A
Work# 780-460-3203x236 |
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