Canadian Personal Banking Digital Transformation
Canadian Uninsured Residential Mortgages
Beacon Distribution
12% 11% 11%
7%
5% 6%
≤650
24%
25%
22%
40%
42% 41%
Better current Beacon and LTV1 distributions in GVA² and
GTA² than the Canadian average
Less than 1% of this portfolio has a Beacon score of 650 or
lower and an LTV1 over 75%
Average LTV1 in Canada: 52%
20%
•
GVA²: 46%
17%
17%
GTA²: 47%
651-700
701-750
751-800
>800
.2
2
■ Canada
■GVA
■GTA
Loan-to-value (LTV)1 Distribution
35%
31%
28% 27% 28%
27%
25%
23%
17%
15%
15%
11%
CIBC
9%
6%
3%
<30%
30 to <45%
45 to <60%
60 to ≤75%
>75%
■ Canada
■GVA²
■GTA²
1 LTV ratios for residential mortgages are calculated based on weighted average. See page 32 of the Q3/20 Quarterly Report for further details.
2 GVA and GTA definitions based on regional mappings from Teranet.
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