Energy Efficient Housing Program
Rewards home buyers purchasing energy-efficient homes or making energy saving renovations with significant savings.
Help the Environment While Your Customers Save
This program offers a refund of 25% of the mortgage insurance premium for borrowers purchasing an energy-efficient home or making energy-saving renovations.
Standard Premium Rate Chart
| LTV Ratio | Premium Rate | Top-Up Premium |
|---|---|---|
| Up to 65% | 0.60% | 0.60% |
| 65.01% - 75% | 1.70% | 5.90% |
| 75.01% - 80% | 2.40% | 6.05% |
| 80.01% - 85% | 2.80% | 6.20% |
| 85.01% - 90% | 3.10% | 6.25% |
| 90.01% - 95% | 4.00% | 6.30% |
Eligibility
- Available on all mortgage insurance products
Note: If the loan was received by Sagen prior to June 20, 2022, the loan may be eligible under the previous program criteria.
To apply for the Energy-efficient rebate, please complete the online application and upload the required documentation electronically or download and complete the PDF version. Submit the document by mailing or faxing your completed application, along with the required documentation to:
Sagen
2060 Winston Park Drive
Suite 300
Oakville, ON L6H 5R7
Attention: Finance Department – Energy Efficient Group
