[Gentle music]

[CIBC logo]

[Flexible borrowing for peace of mind]

The CIBC Home Power Plan.

[A house with an “Open House” sign appears.]

A dynamic solution to meet your changing needs.

[The “Open House” sign changes to “Sold.”]

No matter how well you plan, big expenses can sometimes feel like they come out of the blue.

[An extension and a garage are added to the house. A car appears in the driveway.]

But what if you could be better prepared?

[A hammer, toolbox and ruler.]

Well, you can.

[CIBC Home Power Plan®]

With the CIBC Home Power Plan, your mortgage and home equity line of credit are brought together as one.

[Two bars appear, both the same size. On top of the first bar, a key represents the mortgage principal. On top of the second bar, bank notes represent the home equity line of credit. The bars move towards each other and merge, then separate.]

As you pay down your mortgage, your credit limit automatically increases. That’s one powerful combination.

[The mortgage principal bar shrinks, while the home equity line of credit bar grows larger. The key and bank notes disappear, and a trophy appears on top of the home equity line of credit bar.]

Let’s see how it works.

[A house. Coins and bank notes.]

With the CIBC Home Power Plan, you can use the value of your home to access money when you need it.

[A bar chart with two bars appears. The first bar is labelled “Mortgage principal.” The second, slightly shorter, bar appears as an empty space labelled “Home equity line of credit.” The top of this bar is labelled “65%.”]

With each mortgage payment, your credit limit will automatically increase by a percentage of the amount applied to the mortgage principal.

Coins drop one by one into the “Mortgage principal” bar. Each coin causes the bar to shrink until it approaches zero. Meanwhile, the “Home equity line of credit” bar fills up until it approaches the 65% mark.

As you pay down your mortgage principal each month, your credit limit will automatically increase, up to a maximum of 65% of the value of your home at the time of your application.

And there’s no need to re-apply.

That’s money you can borrow for anything that is important to you, such as home improvements, unplanned expenses, education or consolidating debt.

[Coins and bank notes. A paint can and a ladder. A tow truck towing a car. School books. A wallet with a bank card.]

You’ll only pay interest on the amount you borrow from your line of credit.

[A tablet computer displaying an upward-trending line graph.]

You can talk to your advisor about payment strategies to pay off your mortgage faster and reduce your borrowing costs over time.

[A pen, a bank form and a calculator. The pen signs the form. The form swipes off the screen and is replaced by a set of keys.]

And we’re here to help you understand how to borrow from the equity you have built in your home, the legal requirements and explain other fees that may apply.

[*Subject to CIBC Home Power Plan terms and conditions. Other fees may apply.]

[CIBC Home Power Plan]

The CIBC Home Power Plan brings the power of flexibility and peace of mind together as one.

[The house with the extension and garage, and the car in the driveway.]

[CIBC logo]

[The CIBC logo is a trademark of CIBC. All other trademarks are owned by CIBC or related entities.]