Say Good-Bye to Your Mortgage Sooner with CIBC. #CIBCHomeAdvice
Say Good-Bye to Your Mortgage Sooner!
Buying your first home is sure to be one of those moments that you will remember forever. Not only is it memorable, it’s kind of a big deal. It’s a commitment and an investment that can take a while to pay off.
I remember buying our first home and then moving into our forever home. There really isn’t anything else like it. It’s a sense of accomplishment, overwhelming happiness and excitement to lay down some roots. I know we were stoked!
Spring and summer are two of the most popular seasons to buy a home and while choosing a lender for a mortgage can sometimes be tricky, CIBC may be able to help. CIBC is currently offering a low 9 month introductory mortgage rate followed by a great ongoing rate.
The offer includes various options including a fixed rate closed mortgage plan that allows you to know what your mortgage payment will be, even if interest rates are changing monthly. Buyers are able to prepay up to 10% of the original mortgage amount every year and can increase your payment amount whenever you want.
Just a heads up, this offer is available to buyers that are applying for select fixed rate mortgages or those renewing their existing mortgage and all applications need to be submitted by June 30th.
CIBC has created a way for buyers, like you, to receive personalized advice and mortgage information at any time. The Mobile Mortgage Advisors are available to meet with you anywhere at any time to help lock in a great rate on a mortgage.
Mortgage Advice That Comes to You!
They even started a Mobile Mortgage Bar that has travelled to open houses to provide homebuyers with answers as they are looking at houses. This is so helpful if you are unsure if you are looking for houses in the correct price range for your budget. Check out the video above with two of my favorite characters, Percy Penguin and Scott McGillivray.
The Mortgage Mobile Advisors are trained to give homebuyers the information they need in as stress free of a way as possible. They are never going to pressure you to make a decision immediately. They only want to share the benefits of a CIBC mortgage, which include a guaranteed 120 day hold on the preapproved mortgage rate, funding for unexpected costs and mortgage insurance. Another great type of insurance would be commercial property insurance to make sure everything is covered in case of an emergency.
Are You Ready?
One thing is for sure, you can feel confident when you make a decision to purchase a house after meeting with and receiving this important information from CIBC advisors. They only have your best interests in mind.
Plus, having the chance to pay your mortgage off more quickly with the CIBC offer, well, you will enjoy your new house even more.
Have you ever thought of paying down your mortgage faster?
Let me know, til then—cheers m’deres!
Nancy Polanco is a freelance journalist, lifestyle content creator, and editor of Whispered Inspirations. She is a proud Mom to Gabby and Michaela. Having worked as part of a health care team for almost a decade, Nancy is happy to be back to her passion. She is a contributor to the Huffington Post, TODAY’s Parents, and an Oprah Magazine Brand Ambassador.
our gov has introduced a new plan for college grads, home ownership help!!! My daughter is going to look into the details once she's done school in june
That is great, I hope it works out for her!
I would LOVE to get my mortgage paid off! It's such a burden every month!
I would definitely love to pay it off sooner too!
CIBC sounds like a great way to make a mortgage more easier to stomach. I love owning my home, but it is definitely a huge financial weight every month.
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That is for sure!
Early pay offs are great. You can even lower the amount of interest you are paying by making an extra payment each month and direct it towards the principle.
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I completely agree!
CIBC is the model that all other mortgages should use. I LOVE that you can increase payments at any time and generally attack your mortgage to get it down sooner.
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It is a great model for sure!
I hadn't heard of this before, but it sounds great! We've looked into purchasing a home a few times.
It is pretty awesome!
Being able to pay off a mortgage sooner would be amazing!! I am back to renting but I hated having that large balance when I had a mortgage.
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It really would be!
This is incredible! I've got to show this to my husband because we're looking to buy our first home soon enough. Gotta gather up all the information that we can!
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Always a good idea to get as much info as you can!
What a great format CIBC has laid out. I would like to see more 1st Homeowners & young people look at these advantages & programs. Game changers for sure!!!
I am with you on that, I agree!
I think the quicker you can pay something off the better. I'd rather not be stuck with huge bills. If I can afford to pay something off I will.
I will have to talk to my local CIBC branch to see if this will work for me. I would love to be done with my mortgage early.
I would love to be able to say good buy to our mortgage. I will have to check this out.
Hope it helps you!
CIBC sounds like a great way to help manage a mortgage. I'll have to be sure and check into all the resources they provide when we start house hunting!
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Hope it helps and good luck!
I hope that we can end up paying off our mortgage sooner. As we are paying off debt, we are using the snowball method.
That is great that you found a method that works.
It's an excellent way to get some advice, no matter what you ultimately decide. I'm all for paying off mortgages sooner.
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Me too, I am with you on that one!
I don't have a mortgage but remember when I did and how stressful it could get wanting to pay it off. This is great for those that do and want to get theirs paid off sooner.
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It is definitely one less thing to worry about. 🙂
It's a great idea to speak to an advisor when looking to buy your first home. They are really great to help you find the best options that is possible for you and your budget.
I completely agree! CIBC has great advisors that come to YOU!
Getting a chance to pay our mortgage quickly sounds a very irresistible offer! I'd love to pay off my mortgages and lower my stress level and be able to sleep at night in tough economic times.
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So very true!
So very true!
Sounds like an interesting concept. I wonder where your credit history has to fall for this to be an option though.
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I am sure a CIBC expert would be able to help you out!
Oh I would love my mortgage paid off sooner for sure
It would be great!