In Canada, most people need to get a loan from their bank if they want to buy a home. A loan for buying a home is called a mortgage.
CIBC offers a CIBC Newcomer to Canada Program Mortgage1 and a CIBC Foreign Worker Program Mortgage2 that you may qualify for even if you do not have a Canadian credit history.
If you are thinking about buying a home but have not found the right home yet, it is still a good idea to come and talk to us about a mortgage now because we can guarantee a fixed interest rate for up to 120 days.
You can also get pre-approved for a mortgage now.