CIBC offers commercial mortgage financing between $2 million and $40 million at competitive interest rates. Our dedicated Business Development Managers (BDMs) have extensive industry experience, and are located in major urban centres throughout Canada to ensure that they have first-hand knowledge of local market conditions.
Our staff has the knowledge and experience to help you make informed decisions about your commercial mortgage.
Choices include, but are not limited to, a
or 10 year term on a
Variable rate mortgages have the option of a
CIBC Commercial Mortgages offers 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
CIBC Commercial Mortgages does not provide financing 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.