Before you fall in love with a home, you'll want to ensure that you qualify for a mortgage so you have the peace of mind of knowing that your financing has been arranged. Get a CIBC Pre-Approved Mortgage Certificate and shop for your house with confidence.
A CIBC Pre-Approved Mortgage Certificate gives you:
A guaranteed interest rate for 120 days from the effective date of the Pre-Approval Certificate. You signal to sellers that you're a serious about your home buying intentions which may provide leverage in the negotiation process, especially when there are multiple parties bidding for the property.
CIBC strives to simplify mortgage pre-qualification with 3 basic steps:
1. Request a Pre-approval online. This is a quick and easy process that should only take a few minutes. Once you've completed the application and agreed to the legal terms, select Submit.
2. Next, a CIBC Mortgage Advisor will contact you within 1 business day to answer any questions you might have about your application.
3. CIBC will mail you a Pre-Approved Mortgage Certificate. That's all there is to it.
Once you've selected the house you intend to buy, you will need to complete a full application to secure your mortgage.*