Home Power Plan Line of Credit
The CIBC Home Power Plan Line of Credit is the smartest way to borrow for the things you want today:
- Home renovations
- Buying a car
- A vacation, or another major purchase
- Flexible, ongoing access to funds at a low interest rate; secured against your home equity
- No need to switch your mortgage to CIBC to qualify
- Only pay interest on the funds you use
- Flexible repayment options, including the ability to pay as little as interest only
- Option to combine with a mortgage to benefit from automatic rebalancing1, so your available credit increases automatically as you pay down your mortgage
Looking for a mortgage and a secured line of credit?
With the CIBC Home Power Plan®, you can bundle a mortgage with a line of credit for one simple borrowing solution that is flexible, easy to use and can be adjusted to meet your changing needs.