Helping to Make Energy-Efficient Housing Choices More Affordable
CMHC’s Mortgage Loan Insurance enables Approved Lenders to offer borrowers more affordable financing choices when purchasing an energy-efficient home or making energy-efficient improvements.
Features
Flexibilities include a 10% refund of the CMHC Mortgage Loan Insurance
premium and extended amortization periods without surcharge
Available for the construction or purchase of an energy-efficient home or
the purchase or refinance of an existing home where energy-efficient
improvements are being made and CMHC-insured financing is being used
Borrowers’ Debt Servicing Ratios can be calculated using the estimated
reduced heating costs
Flexible financing options – Single advance, progress advance
For more information and to see if you qualify, CLICK THE LINK or Cut and paste into your browser
http://www.cmhc-schl.gc.ca/en/hoficlincl/moloin/hopr/upload/CMHC-Green-Home.pdf