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Now it's easier to apply for a commercial needs mortgage worth between $500,000 and $2 million. The CIBC Commercial Choice Mortgage can help you reduce the costs incurred in borrowing for a commercial mortgage, while simplifying the application process - saving you time and money.
Talk to a Business Development Manager at 1-800-216-4762; if you are in Quebec, call 1-866-680-0548.
This mortgage is available for:
This mortgage cannot be used for highly specialized real estate including:
This mortgage is only available as a first mortgage.
The amount of financing available is based on the property's Lending Value and the Net Income available to service the debt.
Products and their features and costs may change at any time. This is a general description only.
Mortgages are offered by CIBC Mortgages Inc.
Applicants and properties must meet lending criteria set out by CIBC Mortgages Inc.
Conditions and restrictions apply.
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