If you’re buying, building, or renovating a home in Mississauga, Toronto, or the GTA, there are smart ways to save money and boost energy efficiency — and as your trusted mortgage broker in Mississauga, Joe Purewal is here to help.

CMHC Eco Plus Program

CMHC Eco Plus offers a 25% partial premium refund on your CMHC mortgage loan insurance premium when you purchase or build a qualifying energy-efficient home.

To be eligible, your home must either:

✔️ Be certified by an approved third-party energy efficiency program,
✔️ Or achieve top performance for Greenhouse Gas (GHG) emissions and energy consumption based on the Natural Resources Canada (NRCan) EnerGuide Rating System.

Don’t have an energy efficiency certification yet? No problem! A qualified NRCan energy advisor can assess your home and help you meet the standards.

CMHC Eco Improvement Program

For existing homeowners with a CMHC-insured mortgage, there’s the Eco Improvement program. If you spend at least $20,000 on eligible energy-efficient upgrades — like insulation, high-efficiency HVAC systems, or renewable energy installations — you can apply for the same 25% premium refund.

Upgrades can include:

• Building envelope improvements: better windows, doors, and air sealing
• Mechanical systems: energy-efficient heating and cooling
• Renewable energy: solar panels, geothermal systems

You’ll need to provide documentation, such as receipts and an EnerGuide Renovation Upgrade Report.

How to Apply

For both programs, you have up to 24 months after closing to submit your refund request. Applications must include:

✅ A completed application form, found HERE.
✅ Your home’s energy certificate or EnerGuide report
✅ Proof of energy-efficient upgrades, if applying for Eco Improvement

CMHC allows these documents to be used for up to 5 years, even if the property changes hands.

Frequently Asked Questions

Q: Do I need a third-party certification to apply for Eco Plus or Eco Improvement?
A: No, but you do need to meet the energy performance standards. A third-party certification or an EnerGuide label/report helps confirm your eligibility.

Q: How long do I have to submit my refund application?
A: You have up to 24 months (2 years) after closing to apply for the refund.

Q: If I buy a home that already has energy-efficient upgrades, can I still apply for the refund?
A: Yes! Supporting documents can be used for up to 5 years, even for subsequent buyers.

Q: Why is working with a mortgage broker like Joe Purewal important?
A: Energy efficiency programs like CMHC Eco Plus can be complex. Joe Purewal’s expertise ensures you find the best mortgage options and maximize your refund eligibility.

Why Work with Joe Purewal, Mortgage Broker Mississauga?

Energy-efficient homes aren’t just good for the planet — they can save you money and boost your property’s value. Joe Purewal has the expertise and lender connections to:

• Help you qualify for Eco Plus or Eco Improvement refunds
• Find competitive rates for energy-efficient home financing
• Create a mortgage strategy that fits your budget and long-term goals

Joe knows how to turn these CMHC incentives into real opportunities for buyers, owners, and renewers in Mississauga.

Other Insurers Offering 25% Premium Refunds

You’re not limited to CMHC—both Sagen and Canada Guaranty offer comparable rebates. Sagen’s Energy‑Efficient Housing Program grants a 25% refund on mortgage insurance premiums for both new builds and renovation projects that meet the same GHG and energy-consumption benchmarks established by NRCan, using certifications like ENERGY STAR®, R‑2000, or Passive House.

Similarly, Canada Guaranty’s Energy‑Efficient Advantage Program provides the same 25% refund for borrowers with qualifying properties or upgrades. That means whether your mortgage is insured by CMHC, Sagen, or Canada Guaranty, you have access to these valuable eco-savings opportunities.

Sagen application form, HERE.

Canada Guaranty form, HERE.

Final Note:
As energy standards evolve and these programs continue to expand, there’s never been a better time to explore how energy-efficient upgrades can work for you. Connect with Joe Purewal today — your trusted mortgage broker in Mississauga — and see how you can unlock these benefits for your home.