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 Newcomer Mortgage that you may qualify for even if you do not have a Canadian credit history. The approval process is simple and you do not require a large down payment. If you do not have Canadian income, we also have a special Foreign Income Program that may allow you to get a mortgage. To find out how much you can afford for a home, try our online mortgage calculator.

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.