* Offer available for mortgages transferred in from another financial institution to a CIBC Mortgage or CIBC Home Power Plan on mortgages of $100,000 or more with a term of 3 years or longer on a CIBC Fixed-Rate Closed Mortgage or CIBC Variable Flex Mortgage. You must have a personal CIBC chequing account; pre-authorized mortgage payments must come from a CIBC bank account. Application must be submitted by February 28, 2019, and must fund within 120 days of application. Qualifying clients will receive $1,000 on mortgage amounts of $300,000 or more or $750 on mortgage amounts of $100,000 to $299,999 in their personal CIBC chequing account 6-8 weeks after funding. Other conditions and restrictions apply. Ask us for details. Offer ends February 28, 2019. Offer subject to credit approval and may be changed, withdrawn or extended at any time, without notice.
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 Offer may change or be withdrawn at any time without notice.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 Offer may be changed, withdrawn or extended at any time, without notice.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.