Canada Mortgage and Housing Corporation (CMHC) Mortgage Loan Insurance Refund (Home Purchase/Construction/Renovation)

Last updated: 5 November 2017
Canada Mortgage and Housing Corporation (CMHC) offers a 10% premium refund on its mortgage loan insurance premiums, as well as extended amortization to a maximum of 35 years (subject to lender availability), to individuals who use CMHC-insured financing to purchase an energy efficient home, purchase a home and make energy-saving renovations, or renovate their existing home to make it more energy efficient. The refund is a one-time payment. The refund is also available for CMHC-insured refinance mortgages for the purpose of making energy-saving renovations to houses with an EnerGuide for Houses rating of less than 82. The renovations must increase the house's rating by at least five points and to a value of at least 40.

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