Mortgage Offer
† Offer available for mortgage loans that are transferred to CIBC from another financial institution. Mortgage loans must be funded within 120 days of application date.
Mortgage loan must have a principal amount 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 5-year CIBC Variable Flex Mortgage loan. This offer is limited to owner-occupied residential properties only. Commercial/investment properties, and properties not owner-occupied are excluded. A personal CIBC chequing account is required to make pre-authorized mortgage payments. Qualifying clients will receive:
- $4,500 on a mortgage loan amount of $1,000,000 or more;
- $3,500 on a mortgage loan of $750,000 to $999,999;
- $2,000 on a mortgage loan of $500,000 to $749,999;
- $1,500 on a mortgage loan of $300,000 to $499,999;
- $1,000 on a mortgage loan of $100,000 to $299,999.
Cash back will be deposited in the personal CIBC chequing account 6 to 8 weeks after funding.
Cash back offer not available in combination with other mortgage offers. Other conditions and restrictions apply. Ask us for details. Offer ends February 3, 2026. Offer subject to credit approval and may be changed or withdrawn at any time, without notice.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.
If your down payment is less than 20% of the property value, your mortgage is high-ratio.
1 CIBC Prime is the variable rate of interest per year declared from time to time to be the prime rate for Canadian dollar loans made by CIBC in Canada. CIBC Prime rate was RDS%rate[1].PRIME.Published(null,null,null,null)(#O2#)% on RDS%SYSTEM_DATE(#M# #d#, #Y#)%. The interest rate on the line of credit component of your CIBC Home Power Plan will change whenever CIBC Prime varies.
On December 7, 2026, your rate will revert to the ongoing interest rate stipulated in your CIBC Home Power Plan Line of Credit and Mortgage Loan Terms and your CIBC Line of Credit Statement of Disclosure. Apply for a new CIBC Home Power Plan by April 30, 2026 and open the line of credit component by August 31, 2026; this is subject to credit approval. This offer is only available to applicants that do not hold a CIBC Home Power Plan at the time of application, unless the CIBC Home Power Plan to which this offer applies is not secured by the same property securing the applicant’s existing CIBC Home Power Plan or Home Power Line of Credit. A $300 property valuation fee applies. Other conditions apply. Offer ends on April 30, 2026. CIBC may change or cancel this offer at any time without notice.
CIBC Home Power Plan is offered by CIBC. All CIBC Home Power Plan applicants must meet CIBC’s lending criteria. Minimum borrowing amount is $10,000. Minimum equity in your home is required to qualify. Available on residential properties only. Some conditions and restrictions apply.
Automatic rebalancing of the line of credit component of your CIBC Home Power Plan may take up to 60 days and is subject to your maximum Personal Line of Credit rebalancing limit, as such term is defined in your CIBC Home Power Plan Agreement. The credit limit on the line of credit component of your CIBC Home Power Plan can't exceed an approved percentage of the value of the property held as security for your CIBC Home Power Plan at time of application.
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