Our energy-efficient homes promotion offers an additional 25% cashback (up to $5,000) for those purchasing a property that meets their loan insurer’s energy-efficiency criteria. This is on top of the 25% mortgage insurance premium cashback already provided by the insurer.

The promotion is valid for mortgages disbursed between February 1, 2024, and October 31, 2025. Before applying, you must provide proof of repayment from your insurer.

Eligibility criteria:

• Have an insured and eligible mortgage loan disbursed by National Bank during the promotion period with a down payment of less than 20% (high-ratio mortgage).
• Be insured and approved by an eligible loan insurer (CMHC-SAGEN-Canada Guaranty).
• Ensure the property meets the energy efficiency criteria determined by the eligible insurers and provide proof that the 25% refund has been received from the loan insurer.
• Have a National Bank account to receive the additional cashback.
• You must maintain your mortgage loan for the duration of the term; otherwise, you will be required to reimburse a portion of the cashback received, in proportion to the term remaining. 

If all conditions are met, you will receive 25% cashback on the loan insurance premium within 10 days after providing proof of the 25% refund from the loan insurer.

For more information, contact your advisor, or consult your insurer's criteria:

• Sagen’s Energy-Efficient Housing Program
• Canada Guaranty’s Energy-Efficient Advantage Program
• CMHC’s Eco Products for Lenders