† Other terms & conditions apply. Special rate offer cannot be combined with other offers; mortgage loan is subject to credit approval. Special rate offer applies to select mortgage terms and ends December 14, 2022 at close of business day. Special offer available for mortgage loans for first-time home buyers, mortgage loans for new purchase or mortgage loans that are transferred to CIBC from another financial institution. Mortgage loans must be funded within 120 days of application date. Offer subject to credit approval and may be changed or withdrawn at any time, without notice. Call 1 866 525-8622 Opens your phone app. for details. The CIBC Logo is a trademark of CIBC. All other trademarks are owned by CIBC.
‡,◇ Special offers apply only to new mortgages of owner-occupied properties with an amortization of 25 years or less. 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. 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 Offer may be changed, withdrawn or extended at any time, without notice.
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.