Canadian Financial institutions – energy-related savings – PREIG Canada

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May 11, 2016 at 1:41 am #2911

Navtaj Chandhoke
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Canadian Financial institutions – energy-related savings

RBC’s Energy Saver Mortgage

Home owners who have a home energy audit within 90 days of receiving a RBC Energy Saver Mortgage may qualify for a rebate of $300 to their RBC account.

RBC’s Energy Saver Loan

Offers a 1% interest rate discount or a $100 rebate on a home energy audit with a qualifying purchase through a fixed rate loan over $5,000.

BMO Eco Smart Mortgage

Offers home buyers a special rate on qualifying green properties.

Vancity Home Energy Loan

Offers home owners up to $50,000 at prime + 1% for up to 15 years for energy efficient renovations.

CMHC Mortgage Loan Insurance Premium Refund

Provides home buyers with CMHC mortgage insurance, a 10% premium refund and possible extended amortization without surcharge when buyers purchase an energy efficient home or make energy savings renovations.
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