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									E   nergy-efficient

    housing
    Made More Affordable




    with Mortgage Loan Insurance
       Energy-efficient housing made more                                              Energy-efficient housing made more
       affordable with mortgage loan insurance                                    affordable with mortgage loan insurance




More than 17 percent of the energy consumed in Canada is          Help the planet,
used to run our homes. Buying an energy-efficient home or
                                                                  help your wallet
making energy-saving renovations can offer big savings. You
could be eligible for a 10 percent refund on your CMHC
mortgage loan insurance premium when you purchase an
energy-efficient home or make energy-saving renovations.



CMHC: helping homeowners

As Canada’s national housing agency, Canada Mortgage
and Housing Corporation (CMHC) has helped generations
of Canadians become homeowners. For more than 50 years,
we’ve helped Canadians gain access to safe, quality, affordable
housing. Our information products and expertise have
facilitated the building of new homes, supported the renovation
of existing housing and simplified the financing process.

CMHC offers a wealth of information you can rely on, whether
you’re buying, building or renovating a home.


                                                                  CMHC has added environmentally friendly features to the
Mortgage Loan Insurance                                           mortgage loan insurance it already offers. If you buy an energy-
                                                                  efficient home, purchase a house and make energy-saving
For most people, the hardest part of buying a home—               renovations or renovate your existing home to make it more
especially a first home—is saving the necessary down              energy-efficient, and obtain a CMHC-insured mortgage,
            o
payment. T help, CMHC developed mortgage loan                     you could be eligible to receive a 10 percent refund on your
insurance, which allows you to buy a house with as little as      mortgage loan insurance premium (effective immediately). You
five percent down. Offered through most financial                 could also have the added flexibility of extending your
institutions, this simple solution has enabled millions of        amortization (the period of time required to repay your
Canadians to realize their dream of homeownership.                mortgage) from 25 years to a maximum of 35 years (effective
                                                                  January 2005), significantly reducing your monthly payments.


CMHC recently made down payments even easier to obtain            The Government of Canada actively promotes energy
by allowing qualified home buyers to use additional sources       conservation and initiatives to reduce greenhouse gas emissions
of funds such as a loan or lenders’ cash back incentives.         that contribute to climate change. CMHC is working with
                                                                  Environment Canada and Natural Resources Canada (NRCan)
                                                                  to inform Canadians of the benefits of the EnerGuide for
                                                                  Houses program, Canada’s One-T     onne Challenge and Mortgage
                                                                  Loan Insurance for Energy-Efficient Homes.


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       Energy-efficient housing made more                                                   Energy-efficient housing made more
       affordable with mortgage loan insurance                                         affordable with mortgage loan insurance




If you’re thinking                                                    If you own a home and are
of buying a home                                                      thinking of renovating

Step 1: Find out how energy-efficient it is.                          Step 1: Obtain an EnerGuide for Houses rating
If the house you’re considering buying is a highly energy-efficient   If you're making energy-saving renovations, you could be eligible
R-2000 model or has an EnerGuide for Houses rating of 80              for a 10% mortgage loan insurance premium refund. Contact
or above, you are eligible for a 10% mortgage loan insurance          an energy advisor to obtain an EnerGuide for Houses rating for
premium refund and extended amortization. If the house does           your home. If the rating is below 80, you will receive a list of
not have a rating, you will need to obtain an EnerGuide for           straightforward recommendations to increase your score.
Houses evaluation to be eligible for a refund.
                                                                      Step 2: Discuss CMHC- insured refinancing
Step 2: Boost your energy efficiency                                  arrangements with your financial institution.
If the house you plan to buy rates below 80 on the                     alk
                                                                      T to your lender. Applies only to CMHC-insured refinance
EnerGuide scale, to be eligible for a 10% premium refund, you         loans obtained after November 2004.
will need to renovate based on your energy advisor’s list of
recommendations.                                                      Step 3: Improve your rating
                                                                      Using your energy advisor’s recommendations, renovate
Step 3: Discuss and arrange a CMHC-insured                            or upgrade to increase your EnerGuide for Houses rating.
mortgage with your financial institution.                              ou’
                                                                      Y d be amazed at the difference a more efficient furnace,
 alk
T to your lender. Applies only to CMHC-insured mortgage               better insulation, a higher-efficiency hot water heater and
loans with a closing date after November 2004.                        simple draft-proofing can make. Not only will you be
                                                                      reducing greenhouse gas emissions, but you’ll also see
Step 4: Confirm the improvement                                       welcome reductions in your monthly utility expenses.
After you make the renovations recommended by your
energy advisor, you will need to have a second assessment             Step 4: Confirm the improvement.
done to determine the energy-saving effectiveness of the               our
                                                                      Y EnerGuide advisor will assess your home again after
              o
renovations. T be eligible for the 10% premium refund, the            the energy-saving renovations are finished. If this test shows
second rating must show an increase of at least five points           an improvement of at least five points and an overall rating
and a minimum overall rating of 40. This same process may             of at least 40, you will become eligible for the 10% premium
also make you eligible for an additional federal energy                        ou
                                                                      refund. Y may also be eligible for a federal energy efficiency
efficiency grant through NRCan.                                       grant through NRCan.

Step 5: Obtain your refund from CMHC                                  Step 5: Obtain your refund from CMHC
Type in the search keywords “energy refund” at www.cmhc.ca,           Type in the search keywords “energy refund” at www.cmhc.ca,
                                        ou
then print the premium refund form. Y can obtain a printed                                                    ou
                                                                      then print the premium refund form. Y can obtain a printed
copy by calling CMHC at 1 800 668-2642. Follow the form’s             copy by calling CMHC at 1 800 668-2642. Follow the form’s
simple instructions to apply for a refund.                            simple instructions to apply for a refund.




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       Energy-efficient housing made more                                                  Energy-efficient housing made more
       affordable with mortgage loan insurance                                        affordable with mortgage loan insurance



                     Obtaining an EnerGuide for Houses rating:        Do you own a rental property or are you planning to buy one?
                     NRCan developed the EnerGuide for Houses         Mortgage Loan Insurance for Energy-Efficient Rental Properties
service to help homeowners make energy-saving choices when            may be available to you. For more information about our
buying a home or renovating. For a fee, a qualified energy advisor    products for rental properties, visit www.cmhc.ca and select
will evaluate the house to determine its energy efficiency rating     Mortgage Insurance & Investments v Mortgage Insurance
on a scale of 0 -100. For more information on EnerGuide for           for Borrowers, or call the CMHC Business Centre nearest
Houses and to find an energy advisor in your area, visit              you. Check your local telephone directory or visit our web
http://www.energuideforhouses.gc.ca/retrofit orcall 1 800 387-2000.   site to find the number.




The sooner you take the first step, the
sooner you can start enjoying a more
energy-efficient house that’s cheaper
to run and more pleasant to live in.

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       Energy-efficient housing made more                                                 Energy-efficient housing made more
       affordable with mortgage loan insurance                                       affordable with mortgage loan insurance



                                                                CMHC’s Mortgage Insurance for Energy-Efficient Homes
More resources from CMHC                                        Application for 10% premium refund

CMHC’s free Home Buying Step by Step: A Consumer Guide          Congratulations for taking action to reduce the energy consumption of your
and Workbook takes you through the process of purchasing        home. By purchasing an energy-efficient home or making energy-saving
                                                                renovations, you are doing your part to protect the environment while
a home, from the moment you decide to buy until the day         taking advantage of monthly energy savings. Follow the simple steps to
the movers carry the first box through the front door.          apply for your mortgage insurance premium refund.
Along with Bringing Homeownership Within Reach, these two
publications provide more information about the advantages      STEP 1
of CMHC’s Mortgage Loan Insurance.                              In order to be eligible for a refund, the following two statements
                                                                MUST apply or my certification for my R2000 home.
                                                                   q I have obtained the required EnerGuide for Houses
If you’re considering renovations, you’ll also find plenty of         evaluation(s) for my home. (If you are unsure, ask your lender
useful information on CMHC’s web site. There are practical            before submitting your application)
tips on everything from air quality in your house to hiring        q I have obtained a mortgage or refinanced using
a contractor, controlling mold and eliminating pests.                 CMHC mortgage insurance.

                                                                If these two statements apply, please complete the application.

Call 1 800 668-2642 toll free or                                If these two statements do not apply, please consult the brochure entitled
                                                                Energy-Efficient Housing Made More Affordable with Mortgage Loan Insurance
visit www.cmhc.ca                                               for more information or contact CMHC at 1 800 668-2642 for your
                                                                brochure copy.

to obtain these free publications.                              STEP 2 Complete Application

                                                                Name:____________________________________________________
                                                                      Last                          First

                                                                Property address for which the refund is requested:
                                                                __________________________________________________________
                                                                   Street                                      City
                                                                __________________________________________________________
                                                                   Province                                    Postal code

                                                                Telephone # __________________(day)

                                                                Telephone # ___________________(evening)

                                                                Was this a purchase of a home?
                                                                            yes q         no q
                                                                Is this new or additional financing on your existing home?
                                                                            yes q         no q
                                                                Were energy saving improvements made?
                                                                            yes q         no q




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         Energy-efficient housing made more
         affordable with mortgage loan insurance



Indicate your EnerGuide for Houses evaluation report file number
(pre- evaluation A): __________________________________________
Indicate your EnerGuide for Houses evaluation report file number
(post- valuation B): __________________________________________
(required only if improvements were made)

Mailing address if different from above:
Name:____________________________________________________
         Last                            First

Property address for which the refund is requested:
__________________________________________________________
   Street                                      City
__________________________________________________________
   Province                                    Postal code

Telephone #____________________________________________(day)

Telephone #_________________________________________(evening)

I certify that the information given is true, correct and complete to the best
of my knowledge.

__________________________________________________________
  Signature                         Date

STEP 3
Attach a copy of the first page of your EnerGuide for Houses evaluation
report or certification for R2000. If energy saving improvements were
completed, attach the first page of both the pre-improvement AND post-
improvements EnerGuide for Houses evaluation report.

STEP 4
Send your application to Canada Mortgage and Housing Corporation
(CMHC) by fax at 1 800 245-9274 or by mail to:
CMHC, 700 Montreal Road, Ottawa, Ontario, K1A 0P7

Allow 8-12 weeks for your refund to be processed. It will be mailed directly
to your home.

Reserved for internal use:
CMHC Reference No.:______________
Financial Institution Code:____________ Lender Transit ID--:__________:
EnerGuide Ratings: A_______________ B____________

Verified:_________________________________
Date:___________________________________




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