Simplii Financial Mortgage Rates
Compare current Simplii Financial mortgage rates in Canada
Simple, no-fee banking with competitive mortgage rates.
Best Simplii Financial Rates
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Rate Overview
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Fixed Rate Mortgages
Lock in your rate for the term of your mortgage
1 year
1 option2 years
1 option3 years
1 option4 years
1 option5 years
2 optionsVariable Rate Mortgages
Rates change with the prime rate
5 years
2 optionsAbout Simplii Financial
Simplii Financial, a division of CIBC, delivers a straightforward digital banking experience with competitive mortgage rates and no monthly account fees. Simplii offers both fixed-rate and variable-rate mortgages with special discounted rates for high-ratio insured mortgages. Borrowers benefit from the ability to convert variable rates to fixed at any time and make annual prepayments up to 20% without penalty. With dedicated CIBC mortgage specialists handling applications, Simplii combines the personal touch of a major bank with the convenience of online-only banking. Their mortgage calculators and educational resources help first-time buyers understand affordability and payment options.
Mortgage Specialties
Unique Features
- No monthly banking fees
- 20% annual prepayment option
- Convert variable to fixed anytime
- Backed by CIBC specialists
- High-ratio rate discounts
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