Shelly Lederer | 604-839-3491

CMHC Premium Renovation Refund - More Energy-Efficient

If you plan to use CMHC insured financing to make energy-saving renovations, a refund equivalent to 10% of your CMHC mortgage loan insurance premium may be available and a premium refund for a longer amortization period (if applicable). To qualify for this refund, you must carry out the steps described below within a reasonable time after funding of the CMHC insured loan. Normally, the time period between the date of funding (purchase with improvements or refinance) and the date of the post-retrofit assessment should not exceed 24 months  Read More

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