Whatever your borrowing needs, a CIBC advisor will help you find the right solution.
Have a CIBC advisor call you within 1 business day.
This fall, whether you're in the market to buy a home or looking to make improvements to your existing one, CIBC smart home borrowing solutions can help you realize your goals sooner and save.
Remember, you can also take advantage of the Federal Home Renovation Tax Credit to save even more.
With a CIBC Home Power line of credit1, you can access up to 80% of the equity in your home and use it for anything from renovations to other large expenses while saving money on interest. Plus, if you meet the minimum balance requirement, we'll waive the Set-Up Service Fee2 - a savings of hundreds of dollars!3
Learn how the CIBC More-for-your-home Mortgage Bundle* can provide you with up to $3,000 in savings when you get a select CIBC Mortgage4.
It's worth a talk.
To find out more about our smart borrowing solutions visit any branch or call 1-877-434-1909.
* Available on new purchases, transfer-ins or refinances with a 5-year Fixed Rate Closed Mortgage or CIBC Variable Flex Mortgage. with an outstanding principal balance of $125,000 minimum mortgage amount. Mortgage must fund within 90 days of application date. Offer may be changed or withdrawn at any time without notice.
†† For more information about the HRTC and its eligibility requirements visit the Canada Revenue Agency www.cra-arc.gc.ca or the Dept. of Finance www.fin.gc.ca.
1 To qualify for a Home Power line of credit (HPLOC), you must have at least 20% equity in your home. Product not available in Nunavut. Additional conditions and restrictions apply; ask for details.
2 The CIBC Home Power Set-Up Service Fee includes appraisal and basic legal work for collateral mortgage preparation, registration (in most provinces), and registration of the 1st discharge, if needed. For Nfld, Ykn and NWT, set-up service does not include registration fees. You must pay for independent legal advice, if required, and any additional expenses and fees.
3 Offer applies only to new Home Power lines of credit. Set-Up Service Fee Waiver is subject to change or withdrawal without notice. Some conditions and restrictions apply. To qualify, your CIBC Home Power line of credit (HPLOC) must have an average principal balance of at least $30,000 during the 3 months following the month you activate your HPLOC. For example, if you activate your HPLOC in November, you would meet the minimum $30,000 average balance requirement if your average HPLOC balance is $30,000 in December, $31,000 in January and $29,000 in February.
4 All applicants must satisfy CIBC lending criteria. Mortgages provided by CIBC Mortgages Inc. Available on residential properties only. Conditions and restrictions apply; ask for details.
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