Choose to Save: Partial Mortgage Loan Insurance Rebate
Energy-efficient homes are linked to increased comfort and healthier living, while improving energy efficiency reduces greenhouse gas emissions and lowers the cost of owning and maintaining your home.
Single family new homes certified through Built Green Canada are automatically eligible for a partial mortgage loan insurance premium refund of 15% through Canada Guaranty Mortgage Insurance Company and Sagen™ Energy-Efficient Housing Program. Obtain your Building Certificate of Authenticity: email@example.com.
And, single family new homes certified through Built Green Canada—with a certification of Gold and Platinum (beginning at 20% lower than reference house)—are automatically eligible for a partial mortgage loan insurance premium refund of 25% through Canada Mortgage and Housing Corporation’s Eco Plus program.
Canada Mortgage & Housing Corporation's Eco Plus Program
CMHC Green Home offers a premium refund of 25% to borrowers who either buy or build through Built Green Canada for energy efficiency using CMHC-insured financing. Visit the CMHC Eco Plus Program. Calculate your rebate. Offer as of June 20, 2022; older projects may not be eligible.
*Grandfathering projects for the CMHC Green Home Program
Homeowners ability to receive their premium rebate through CMHC’s Green Home Program, cancelled as of June 20, 2022, requires the following:
- CMHC received their mortgage loan insurance application by June 19, 2022.
- Homebuyer submits their partial premium refund application directly to CMHC within two years from the date of closing the mortgage loan.
CMHC’s Green Home Program was cancelled on June 19, 2022. This program offered all homeowners who purchased a BUILT GREEN® single family home, an automatic 15% partial mortgage loan insurance premium.
Sagen™ Energy-Efficient Housing Program
Sagen™ wants to help protect the environment and support consumers as they make environmentally friendly choices. Through their Energy-Efficient Housing Program, home buyers purchasing an energy-efficient home or making energy saving renovations are now eligible for significant premium savings when Sagen™ insurance is obtained. Visit Sagen™ Energy-Efficient Housing Program for more information. Calculate your rebate. Offer as of June 22, 2016; older projects may not be eligible.
Canada Guaranty Mortgage Insurance Company
Canada Guaranty offers 15% premium refund eligibility to their qualified borrowers buying a BUILT GREEN® certified home, who have submitted their mortgage insurance application after September 1, 2016 (10% is offered to those who have submitted prior to this). Visit their Energy-Efficient Advantage Program for more information. Calculate your rebate.
Find more BUILT GREEN® homeowner benefits.