Once your other debts are paid off, it leaves you with just one loan to pay, rather than several. A debt consolidation mortgage is a long-term loan that gives you the funds to pay off several debts at the same time. In today’s hot market, it’s not a matter of if you can still own a home but how CIBC can help you with a plan that considers your whole financial picture. Debt consolidation is debt financing that combines 2 or more loans into one. This includes personalizing CIBC content on our mobile apps, our website and third-party sites and apps. Ongoing news releases and more information about CIBC can be found at CIBC mortgage advisors will help you achieve your home ownership ambitions remotely. CIBC uses cookies to understand how you use our website and to improve your experience. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, with offices in the United States and around the world. ![]() Scott McGillivrayĬIBC is a leading North American financial institution with 10 million personal banking, business, public sector and institutional clients. View todays mortgage rates or calculate what you can afford with our mortgage calculator. Registration (0.25 of purchase price) 0.00. Accurate amounts are usually provided in the Sales Agreement or confirmed by the Lawyer. ![]() As you pay down the mortgage of your home you’re also building up an available line of credit, which is a great safety net for unexpected expenses or upgrades you want to make further down the line. External closing cost related to the property sales are estimated. CIBC’s Home Power Plan offers great flexibility because it’s not just a mortgage, it’s also a line of credit. Limited time offer Get up to 4,000 cash back on select CIBC mortgages Learn more about the mortgage offer.
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