For more information about our secured line of credit rates, call us at 1-888-723-8881Opens in your phone app..
Interest is calculated on the daily closing balance and is charged to your line of credit account at month-end.
‡ All credit products are subject to credit approval. A $150 setup fee for processing, appraisal and registration applies. Not available in Quebec or on properties in Nunavut, the Northwest Territories or the Yukon. Some conditions and restrictions apply; ask for details.
◊ Rate based on CIBC prime. Prime means the variable interest rate declared by CIBC from time to time to be the CIBC prime rate for Canadian Dollar loans made by CIBC in Canada. CIBC prime rate is subject to change. Your rate will vary whenever CIBC prime rate varies or whenever we change your variable interest rate in our sole discretion.