† 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 Offer subject to credit approval and may be changed or withdrawn at any time, without notice.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.
If your down payment is less than 20% of the property value, your mortgage is high-ratio.
‡ 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.