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Green loans tips for energy efficient home to save you money - up to 25% CMHC insurance rebate to start with. So, go ahead and make your home "green" A green home is a type of house designed to be environmentally friendly and efficient. These homes are structured or renovated for the efficient use of energy, water and building materials.
From more energy efficient appliances to solar panels to utilizing special building materials, green homes are helping Canadians save money and the environment with the green loans.
You can help the environment by reducing energy and water use in your home.
In addition to reducing greenhouse gas emissions, you are significantly reducing your monthly bills. Going "green" in your home can help you lower your monthly utility bills! This means more savings for you and your family every month by getting green loans.
The Canadian Government actively promotes energy conservation initiatives to reduce greenhouse gas emissions that contribute to global warning.
More than 17 percent of the energy consumed in Canada is used to run our homes.
Buying an energy efficient home or making energy saving renovations can offer big savings.
As a result, the Canadian residential mortgage loan Insurers came up with a green loans plan to provide a rebate on the mortgage loan insurance premium towards the purchase of an energy efficient home or improvements on your existing home.
How do I get the energy efficient home rebate?
Interested in getting the "green" home rebate?
By partnering with a professional mortgage broker, you can be confident you are receiving the knowledge to make the right decision.
What is an energy efficient home?
So you're interested in green loans and want to be eligible for the rebate on your mortgage loan insurance premium?
But how will you know when you that the home you are buying meets the energy saving standards? How will you know what sort of improvements to make in order to "green" your current home?
Remember: a home doesn't need to have a solar panel in order to be "green." Many green homes focus on conservation and improving efficiency and reducing wasteful energy use.
Outside your home:
Both can stop the drafts that lose you heat in the winter and keep you cool in the summer.
Consider the purchase or refinance plus improvements mortgage to renovate your home to energy efficient standards.
Inside your home:
What kind of bulbs do you have? 60 watt, 100 watt, incandescent or CFI? Do you know what effect they have on your bank balance? Go and turn on your lights and then go to your meter and watch it spin.
Simple test is to insulate your water heater using a heater jacket - this is a good way to save energy loss when heating your water.
When using the dishwasher, try using the drying agent instead of the dry cycle.
Always keep your freezer packed full - empty spaces in your refrigerator and freezer make your freezer work real hard.
Another tip to consider is changing to digital thermostats, especially programmable ones. They are like having an electronic secretary keeping your house comfortable and energy efficient.
Here are some more ideas for reducing energy and water use!
All of these green loans tips will not only keep you save energy and water but save you money too!
Marie Copeland, Hamilton, Burlington, Oakville Mortgage Broker.
Email Marie for free phone consultation
Or Call 905-537-8815
*Lenders change their products and interest rates without notice.
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