CIBC Commercial Choice Mortgage™

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.

Key benefits


  • Choices include a 3-, 5-, 7- or 10-year term on a fixed-rate closed mortgage.
  • Variable rate mortgages have the option of a 3-, 5-, 7- or 10-year term.

Competitive rates

  • Competitive interest rates on fixed- and variable-rate mortgages.

Information you need to know

This mortgage is available for:

  • Multi-unit residential (5 or more rental units)
  • Retail plazas, strip malls and shopping centres
  • Office buildings and medical centres
  • Industrial buildings

This mortgage cannot be used for highly specialized real estate including:

  • Hotels and motels
  • Social clubs and banquet halls
  • Schools and places of worship
  • Recreational real estate
  • Car washes and restaurants
  • Properties that require stabilization (currently vacant or being retrofitted)

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.

The CIBC bizline VISA* Card

Combine the power of a line of credit with the convenience of a VISA card.

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*VISA Int./CIBC lic. User

Know how to Start Strong

Kick-start your new business with planning ideas and expert guidance from the CIBC Small Business Start Strong Program.

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Interested in a Commercial Choice Mortgage?

Talk to a Business Development Manager at 1-800-216-4762; if you are in Quebec, call 1-866-680-0548.