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Choosing a mortgage

Choosing a Mortgage

It's understandable if you find the differences between the variety of mortgage options available to be a little confusing. Here are some quick mortgage basics.

Mortgage Type:
Closed
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Open
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Convertible
Rate Type: Fixed
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Variable




Now that you have an idea of the different types of mortgages, check out CIBC's mortgage products to find the one that best meets your needs. You can also contact Telephone Banking toll free at 1-866-525-8622 or visit your branch to discuss your specific mortgage product needs.




The information in this article is general only; it is not intended as specific investment, financial, accounting, legal or tax advice for any individual.