You may get 10% refund on CMHC Mortgage Loan Insurance Premium if:
1/ You bought an energy-efficient home.
2/ You bought a house and renovated it into energy-saving home.
3/ You renovated your existing home into more energy-efficient.
The key is energy-efficient home.
In addition to 10% refund, you may also get amortization period extended to a maximum of 30 years.
Why? The Government of Canada wants to promote energy conservation.
1/ You bought an energy-efficient home.
2/ You bought a house and renovated it into energy-saving home.
3/ You renovated your existing home into more energy-efficient.
The key is energy-efficient home.
In addition to 10% refund, you may also get amortization period extended to a maximum of 30 years.
Why? The Government of Canada wants to promote energy conservation.
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