† Offer available for mortgage loans transferred in to CIBC from another financial institution, and funded within 120 days of application date. Mortgage loan must have a principal of $100,000 or more, and be either a CIBC Fixed-Rate Closed Mortgage loan with a term of 3 years or more, or a CIBC Variable Flex Mortgage loan. You must have a personal CIBC chequing account, and pre-authorized mortgage payments must come from a CIBC bank account. Qualifying clients will receive $2,500 on a mortgage loan of $750,000 or more, $2,000 on a mortgage loan of $500,000 to $749,999, $1,200 on a mortgage loan of $300,000 to $499,999 or $1,000 on a mortgage loan of $100,000 to $299,999. Cash back will be deposited in the personal CIBC chequing account 6-8 weeks after funding. Other conditions and restrictions apply. Ask us for details. Offer subject to credit approval and may be changed or withdrawn at any time, without notice.
If you have an eligible high ratio mortgage, you may also qualify for a special low rate. Talk to us to find out how.
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 Offer may change or be withdrawn at any time without notice.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 1-866-525-8622Opens your phone app..
2 Special offers apply to new mortgages only. Rates shown for the applicable term are CIBC’s special discounted rates and aren’t posted rates of CIBC. Offer may be changed, withdrawn or extended at any time, without notice.
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 $300.
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 doesn’t 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 don’t qualify. Other conditions apply; ask for details. CIBC may change or cancel this offer at any time without notice.