* Special rate offer available only for a new, high-ratio 5- or 7-year CIBC Fixed-Rate Closed Mortgage or a 5-year CIBC Variable Flex Mortgage® of an owner-occupied property where the principal amount of the mortgage is $10,000 or more and the amortization is 25 years or less. Rate is not available for the mortgage loan component of a CIBC Home Power Plan®. Rates shown for the applicable term are CIBC’s special discounted rates and are not posted rates of CIBC. Application must be submitted by October 31, 2018 and mortgage must fund within 120 days of application date. All applicants must meet the CIBC lending criteria. Rate is subject to change or may be withdrawn without notice at any time. Other conditions and restrictions apply.
1 Rates are subject to change without notice at any time. Offer may change or be withdrawn at any time without notice. Other conditions and restrictions apply.
All applicants must meet the CIBC lending criteria. Other conditions and restrictions apply. Products and their features may change at any time. Variable interest rates may change at any time. This is a general description only. For more information and product terms and conditions, consult product brochures or call 1-866-525-8622.
2 Special offers apply to new mortgages only. Rates shown for the applicable term are CIBC’s special discounted rates and are not posted rates of CIBC. Offer may be changed, withdrawn or extended at any time, without notice.
i (APR RDS%rate.FRCM.Published(4_null_null_Years_T,null,2,null)(#R#)%)
ii (APR RDS%rate.FRCM.Published(7_null_null_Years_T,null,2,null)(#O2#)%)
The Annual Percentage Rate (APR) is based on a new $275,000 mortgage for the applicable term and a 25-year amortization assuming a Property Valuation Fee of $250.
APR means the cost of borrowing for a loan expressed as an interest rate. It includes all interest and non-interest charges associated with the mortgage. If there are no non-interest charges, the annual interest rate and APR will be the same.
3 Non-cumulative and does not apply if you prepay in full.
4 CIBC Wealth Builder Mortgage is only available on the 5-year CIBC Variable Flex Mortgage and fixed rate closed mortgages of 3-year terms or greater for mortgages of $75,000 or more. You must maintain both a CIBC savings and CIBC chequing account to receive cash back up front and during the mortgage term. Cash back amounts that were paid up front are repayable if mortgage is discharged, transferred or renewed before maturity date. Assumptions, conversions, early renewals and ports of existing CIBC mortgages do not qualify. Other conditions apply; ask for details. CIBC may change or cancel this offer at any time without notice.