CIBC Mortgage
Although CIBC mortgage offers a couple of unique mortgage products, CIBC mortgage may or may not be the ideal lender for you or your situation.
If you are interested in a CIBC mortgage product or would like to compare other products to CIBC mortgage rates, please call today or apply online.
Use our mortgage calculator to give you an idea of how much you can afford.
Self Employed Borrowers
CIBC mortgage offers mortgages to small business and self employed borrowers. Depending on the credit rating of the borrow, as little as two recent notice of assessments showing no taxes owing and 3 years of proof of self employment can obtain a mortgage loan up to 95% of the value of the home.
Welcome to Canada Program for Permanent and Temporary Residents
CIBC mortgage offers mortgages up to 95% for those who have recently immigrated to Canada and those on temporary work permits.
Other CIBC Mortgage Products Available
- High ratio mortgages – up to 95% loan to value
- Rural mortgages
- Home equity line of credit
- Up to 35 year amortization
CIBC Mortgage Terms Available
| Fixed Rate: | 1, 2, 3, 4, 5 , 7 + 10 year |
| Variable Rate: | 5 year |
| Convertible: | 6 months |
| Closed: | 1, 2, 3, 4, 5 , 7 + 10 year fixed rate |
| Open: |
6 month fixed rate |
CIBC Mortgage Payment Options
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Weekly
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Biweekly (accelerated)
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Semi-monthly
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Monthly
CIBC Mortgage Pre-payment Options
- Double your payments.
- Pre-pay up to 10% each year on the original balance of your mortgage without penalty.