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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. ' Y6 D" `/ A% ~
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) L( z. O0 i% A1. 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.- _. o% E9 L7 X3 m
For example, you transfer 400k mortgage to CIBC, CIBC will deposit 3%*400,00=$12,000 to your bank amount. You can use this money for your vacation, or you can make a lump sum payment to your mortgage to decrease your mortgage amortization.1 F+ ^* M7 w$ H- f6 s4 ?0 O6 I
l' E0 J; z4 q H2. 2% cash back if you mortgage amount is between $75,000 to $399,999 ) X8 ^) s2 }# V" e1 f; j
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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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1 `# r: T. e5 h5 C7 i. R" x3. $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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9 j. T7 a* o1 ~. `8 SPierce Wang
; x2 M E# n, x0 H" O! U+ L2 W, \! fFinancial Service Representative' F/ @) Z4 K. K" J* z; x8 c" F! t& u
Work# 780-460-3203x236 |
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