This mortgage is for you if you want:

  • A variable rate for the term that could save you money, or could cost you a little more, at any given time
  • To make additional payments, as this mortgage is fully open, so you can repay up to 100% of your mortgage
  • The option to take advantage of current interest rates by converting to a Closed, Fixed-Rate Mortgage

Other mortgage details:

  • Payment frequency options of weekly, bi-weekly, semi-monthly or monthly
  • Minimum mortgage amount is $10,000
     

Mortgage Disability Insurance

In the event that you are completely unable to work due to an unexpected disability, help protect your family's home with CIBC Mortgage Disability Insurance+ provided by The Canada Life Assurance Company (Canada Life).

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Mortgage Disability Insurance Plus (includes job loss coverage)

In the event that you are completely unable to work due to an unexpected disability or you involuntarily lose your job through no fault of your own, help protect your family's home with CIBC Mortgage Disability Insurance Plus+ provided by The Canada Life Assurance Company (Canada Life).

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Mortgage Life Insurance

In the event of death, help protect your family's home with Creditor Life Insurance for CIBC Mortgagesprovided by The Canada Life Assurance Company (Canada Life).

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