Simplii Financial is a Canadian bank headquartered in Toronto, Ontario. It was founded in November 2017 when CIBC and Loblaw Companies ended their 20-year partnership providing banking services through PC Financial. Simplii remains a direct banking brand of CIBC.
Simplii Financial offers dedicated mortgage specialists who can help you during your mortgage application process. They have competitive interest rates and flexible repayment options, including weekly, bi-weekly, monthly and semi-monthly payment schedules.
They also offer a cash back bonus based on how much you borrow. On top of this, if you transfer your mortgage to Simplii, they will pay the appraisal fee.