FinviloCIBC
CIBC Home Power Mortgage
CIBC refinance mortgage for borrowing against home equity, including small rentals.
Provider information link, not an application on this site.
Recorded fees, rates and features
Amounts are in CAD unless the source specifies otherwise. A promotional term is not necessarily an ongoing term.
- Maximum amount
Up to 80% of the value of your home
Provider source- Minimum loan
$10,000 (no minimum when transferring in from another institution)
Provider source- Eligible property
Residential property, including rentals of up to four units
Provider source
Eligibility and provincial availability
- Provinces and territories
- Not confirmed
- Application requirements
- Not confirmed
Ask the provider to confirm residence, age, identification, income and any credit requirements that apply to this product. A listing does not guarantee approval.
Is this a fit for you?
Use the recorded details as a starting point, then compare the full cost and conditions with your needs. Product-specific benefits, exclusions and suitability have not received a separate editorial assessment on this page.
Rate and term
Understand fixed versus variable rates and distinguish the mortgage term from amortization.
Flexibility
Check prepayment privileges, portability and refinancing conditions.
Other costs
Ask about penalties, appraisal fees, legal costs and discharge fees.
Your rate and approval depend on lender criteria and your circumstances. Confirm provincial legal costs and requirements.
Compare alternatives
Sources and important limitations
Official provider information for CIBC Home Power Mortgage
Terms may have changed since this information was collected. Unknown details are not confirmed, not assumed to be free or available nationwide. This is general information, not personalized financial, tax, legal or insurance advice.