Capital Markets & Funding Strategies
Canadian Uninsured Residential Mortgages
FICO score Distribution
11% 10% 10%
4% 4% 4%
≤650
26%
26%
.22%
43% 45% 44%
•
•
Better current FICO score and LTV1
distributions in GVA2 and GTA² than the
Canadian average
Less than 1% of this portfolio has a FICO
score of 650 or lower and an LTV1 over 75%
Average LTV1 in Canada: 46%
GVA²: 43%
GTA²: 44%
19%
16%
16%
•
651-700
701-750
751-800
>800
■ Canada
■GVA²
■GTA²
2
Loan-to-value (LTV)1 Distribution
30% 30%
28%
29% 28% 28%
24% 23%
20%
20%
17%
16%
<30%
30 to <45%
45 to <60%
■ Canada
■ GVA²
60 to ≤75%
GTA²
CIBC
3%
2% 2%
>75%
1 LTV ratios for residential mortgages are calculated based on weighted average. See page 31 of the Q2/22 Quarterly Report for further details. 2 GVA and GTA definitions based on regional mappings from Teranet.
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