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?

A mortgage with a flexible downpayment option could be for you, if:

You have a good credit history
You want the flexibility to choose from a variety of mortgage terms and options

Key features

For clients who wish to:	Purchase the home they want now with a downpayment as low as 5%
Terms	Available on fixed and variable rate mortgages with a minimum term of 6 months
Rates	See all CIBC mortgage rates
Amortization Period	You have the option of taking up to 35 years to pay off your mortgage, which can improve your cash flow2
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 $750,0003

This mortgage option is available:

Across Canada
On residential single-family, owner-occupied properties
For CMHC high-ratio (insured) mortgages only

Trademarks and Disclaimers

1 Mortgages are offered by CIBC Mortgages Inc. All applicants and properties must meet CIBC lending criteria. Available on single-family, owner-occupied residential properties only. Some conditions and restrictions apply. Products and their features may change at any time. This is a general description only. For more information call 1-866-525-8622.

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

3 Some limitations and exclusions apply. For full details, see the Mortgage Life Insurance Application and Certificate of Insurance. Mortgage Life Insurance is underwritten by The Canada Life Assurance Company.