CMHC Encourages Green Building through Mortgages

CMHC encourages energy savings through their Mortgage Program.

Ask your Financial institution about how you can make better investments and mortgage choices. Then call Know Your Home Inspections to rate the efficiency of your house and to make recommendations for improved energy efficiency.

Direct from the CMHC website April 9th, 2016 –  http://www.cmhc-schl.gc.ca/en/co/moloin/moloin_008.cfm

“Help the Planet, Help Your Wallet

CMHC has added environmentally friendly features to the Mortgage Loan Insurance it offers. If you use CMHC insured financing to buy an energy-efficient home, purchase a house and make energy-saving renovations or renovate your existing home to make it more energy-efficient, a 10% refund on the Mortgage Loan Insurance premium, and a premium refund for a longer amortization period (if applicable) may be available.

The Government of Canada actively promotes energy conservation and initiatives to reduce greenhouse gas emissions that contribute to climate change.”

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