Program for new sustainable constructions
Program for new sustainable constructions
- Access to a full range of mortgages at competitive rates
- Up to $2,000 cashback
Desjardins has a cashback program for when you buy a new construction.
To take advantage of it all, just apply for a mortgage if you're planning to buy or build a sustainable home that meets environmental certification standards recognized by Desjardins.
Learn more about eligibility and recognized programs.
Cashback based on the amount of your mortgage
Get up to $2,000 cashback when you buy a new sustainable home that meets Novoclimat, ENERGY STAR® for New Homes or LEED® Canada standards.
The program is aimed at members taking out a Desjardins mortgage to buy a new construction that meets the following environmental certification standards recognized by Desjardins:
- Novoclimat
- ENERGY STAR® for New Homes (Ontario only)
- LEED® Canada (Certified, Silver, Gold, Platinum)
Note that environmental certification standards for new homes certify whole condo buildings, resulting in certification for each unit, if applicable.
You are eligible for the program when you buy a new home from a builder or developer and the home meets environmental certification standards recognized by Desjardins.
If you are building your own home, you may be eligible if environmental certification programs allow for it.
Eligible homes include single-family detached homes, row houses and semi-detached homes, as well as condo units and residential rental properties with 4 units or less and where the owner is an occupant.
The Sustainable Home Program applies to minimum financing of $125,000 for the purchase of a property and $10,000 for renovations
The Sustainable Home Program advantages are conditional upon a 5-year commitment to keeping your mortgage with Desjardins.
In compliance with the National Housing Act, cash rebates may not be factored into the calculation of your down payment.
As a complement to the Sustainable Home Program, the major mortgage insurers have developed great programs for homebuyers who need mortgage insurance.
Canadian Mortgage and Housing Corporation (CMHC)
The CMHC Eco Plus program offers a 25% refund of the total premium, and a premium refund for a longer amortization period (if applicable).
Learn more about the CMHC Eco Plus program.
Sagen
The SagenTM Energy-Efficient Housing Program gives sustainable home buyers and renovators a refund of up to 25% on their Sagen mortgage insurance premium.
Learn more about the Energy-Efficient Housing Program.
- Talk about the Sustainable Home Program with your advisor when you apply for a preauthorized mortgage.
- Get a Desjardins mortgage to finance your sustainable home.
You'll get all the advantages of the Sustainable Home Program if you:
- Meet the program conditions
- Show your advisor environmental standards certification from one the programs recognized by Desjardins
Due to program procedures and conditions, and to building schedules, there may be a delay between the time you take possession of your home and the time you receive your environmental certification.
* Applies to minimum financing of $125,000 for the purchase of a property.
The ENERGY STAR® mark is administered and promoted in Canada by Natural Resources Canada and used with permission.
LEED® is a trademark owned by the Canada Green Building Council and is used by permission.