Canada Guaranty Mortgage Insurance Benefits

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Canada Guaranty Introduces the Energy-Efficient Advantage Program

Reducing our footprint means taking the right steps toward reducing our energy consumption. Canada Guaranty is rewarding those who purchase energy-efficient homes, or obtain mortgage financing to make energy-efficient home improvements, by providing a 10% refund of the Canada Guaranty mortgage insurance premium.


Transaction Types

  • Available on all Canada Guaranty mortgage insurance products.
  • Purchase transactions: New Construction or Existing Home.
  • Purchase or Refinance with improvements for energy-efficiency purposes.

Borrower Qualifications

  • The Canada Guaranty Energy-Efficient Advantage 10% premium refund is eligible for borrowers with mortgage financing that is currently insured by Canada Guaranty and has funded on or after May 1, 2013.  
  • The request for the 10% premium refund must be submitted within one year of the mortgage advance. 
  • All applicable mortgage insurance premiums and fees on the original mortgage must have been received by Canada Guaranty prior to issuing the Energy-Efficient Advantage refund.


Should you have any questions regarding this new product, please do not hesitate to contact your dedicated Account Executive or speak with a member of our National Underwriting Team at 1.877.244.8422.

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