Mortgage documents and property taxes

Learn about mortgage statements, how to access your mortgage summary online and how to pay your property taxes.

Learn about mortgage documents

A mortgage statement is a document you'll receive annually by mail between January and March. The following examples represent some of the information you'll find on your mortgage statement:

• The total sum of all payments made to your mortgage
• The amounts from your payments applied toward your principal and toward interest
• The principal balance at the end of the statement period
• Your current regular payment as of the statement date
• The current interest rate at the end of the statement period
• The remaining amortization at the end of the statement period
• The different options available to pay down your mortgage loan faster
• Your annual prepayment privilege
• Your property tax payment, if applicable
• Your creditor insurance premiums, if applicable

If you require basic information about your mortgage (such as interest paid for tax purposes), you can view a simple mortgage summary online.

If you use CIBC Online Banking® or CIBC Mobile Banking®:

• Sign on using your login credentials
• Select your mortgage account from your list of accounts
• From the Account Details screen and the "View" drop-down menu, choose "Mortgage Loan – Annual Summary"

• Use your CIBC debit or credit card to register for online or mobile banking Opens in a new window.