Introducing the RBC Green Home Mortgage
in Partnership with Sunvale Homes
Sunvale Homes is thrilled to partner with RBC to offer the RBC® Green Home Mortgage, a financing program designed specifically for energy-efficient, new, pre-construction homes in certified developments across Canada. This innovative mortgage solution not only makes owning a green home more accessible but also provides the potential for significant savings through lower mortgage payments and reduced operating costs.
What is a Green Home?
A green home is built with sustainability in mind, utilizing less energy and incorporating environmentally friendly features. These homes boast high R-value insulation, energy-efficient windows and doors, smart lighting, renewable energy options like solar panels, and programmable high-efficiency heating and cooling systems. Certified under recognized standards like ENERGY STAR for New Homes, LEED Canada for Homes, R-2000, and CHBA’s Net Zero programs, these homes offer superior energy performance and significantly lower greenhouse gas emissions compared to traditional homes.
Why Choose the RBC Green Home Mortgage?
The RBC Green Home Mortgage offers a range of benefits tailored to meet the needs of eco-conscious homeowners:
Firm Approval: Once approved, your mortgage approval is secure throughout the entire construction period—no need for re-qualification or re-appraisal.
Cash Back: Receive up to $3,000 cash back on an eligible mortgage, giving you extra funds to help you settle into your new home.
Interest Rate Guarantee: Benefit from a guaranteed capped interest rate for up to 24 months on select projects, with the flexibility to switch to a lower rate if available 120 days before closing.
No Fees: Enjoy zero application or appraisal fees, keeping your upfront costs low.
Fast-Track Applications: Speed up your mortgage process with the blanket assessment property valuation, available for eligible home models.
Extended Amortization: Opt for an extended amortization period of up to 35 years, compared to the traditional 30-year term, to reduce your monthly payments.
Professional Advice: Access expert advice from one of the world’s most reputable financial institutions.
Optional Insurance: Take advantage of optional HomeProtector® critical illness and life insurance at no cost during construction, subject to approval.
VIP Banking: Enjoy 6 months of free VIP banking if you qualify, adding even more value to your home purchase.
To learn more about how the RBC Green Home Mortgage can help you own a Sunvale home, contact our RBC Mortgage Specialists:
As an accredited RBC Preferred Builder, Sunvale Homes ensures that your new home meets the highest standards of energy efficiency, offering you a sustainable and cost-effective living solution. For more information, visit rbc.com/climate.
Start building your future in a Sunvale home today, and experience the benefits of energy-efficient living with the RBC Green Home Mortgage.