CIBC ENVIRO-SAVER Mortgage

A CIBC ENVIRO-SAVER™ mortgage could be for you, if you are thinking about making energy-efficient upgrades or other improvements to your current or new home. The ENVIRO-SAVER mortgage equips homeowners with the financing and resources needed to make energy and money saving improvements.

Interested in applying for a CIBC Mortgage?

The first step is to get pre-approved.

If you already have a signed offer to purchase a property, you're ready to apply for a mortgage online, call Telephone Banking at 1-866-525-8622, or visit one of our branches.

Is it for you?

The CIBC ENVIRO-SAVER mortgage could be for you, if you:

Want to renovate your home
Want to buy an older home that will need renovations and upgrades
Want to start making environmentally conscious choices
Are concerned by the rising cost of your utility bills

Terms	Any closed term mortgage with a minimum 3-year term or longer*. Products include: Better Than Posted Mortgage 3, 4, 5, 7 or 10-year Fixed Rate Closed Mortgage
Interest Rate	See all CIBC mortgage rates
Features of the CIBC ENVIRO-SAVER	Receive a gift certificate for up to $300 for an ecoENERGY "D" Evaluation Get a free copy of the Carbon Buster's Home Energy Handbook1 PLUS customers that purchase CMHC Mortgage Insurance may be eligible for a 10% rebate on their premiums and no surcharge on 35-year amortization when the energy-efficient upgrades are completed
Make additional payments	Prepay up to 15% of your original mortgage amount annually
Increase your payment amount	Your original mortgage payments (principal and interest) can be increased by up to 100% anytime during the term. The extra payment amount is applied directly to the principal, reducing overall costs
Payment options	Weekly, bi-weekly, semi-monthly or monthly
Amortization	You now have the option of taking up to 35 years to pay off your mortgage, which can improve your cash flow.2
No need to shop around or make separate arrangements for insurance	Optional CIBC Mortgage Life Insurance provides coverage for the outstanding balance of your mortgage, up to $750,000^

How will you benefit from the CIBC ENVIRO-SAVER mortgage?

Obtain financing to help you achieve what matters most
Learn how to lower your monthly utility bills
Increase the resale value of your home
Become eligible for federal and provincial grants that will help offset the costs of your energy-efficient upgrades
Learn how simple changes to your daily life can have a positive impact on our environment, while saving you money

Trademarks and Disclaimers

™Registered Trademark of CIBC. All other trademarks are the property of their respective owners.

* CIBC ENVIRO-SAVER mortgage is available on refinances and purchase + improvements only. Not available for the following mortgages: VRM Open, 6 month Open, 6 month Convertible , 1 year Open, 1 year Closed, 2 year Closed, renewals, early renewals, transfer-ins, purchases, conversions, assumptions and ports. Minimum mortgage principal amount: $10,000

^ Some limitations and exclusions apply. For full details, see the Mortgage Life Insurance Application and Certificate of Insurance. Products and their features may change at any time. This is a general description only. Mortgage Life Insurance is underwritten by The Canada Life Assurance Company.

1 Not available in Quebec

2 Available on owner-occupied residences only. Additional insurance premium applies; ask for details.

Products and their features may change at any time. This is a general description only. For more information and the Terms and Conditions for this product, call
1-866-525-8622.