- Joined
- Aug 29, 2007
- Messages
- 597
Hello,
Here is an interesting idea to get a mortgage and line of credit to upgrade dwelling.
http://www.househunting.ca/Buying-Homes/st...88-b5953b774b59
QUOTE His new Citizens Bank of Canada mortgage included a $10,000 line of credit at prime for energy-efficient upgrades and a blue recycling bin filled with $875 worth of information and coupons, including a $375 home energy audit to help determine what improvements can be made to his 18-year-old Toronto-area home.
...
Vancity Credit Union (which wholly owns Citizens Bank) has been involved for many years in financing green and sustainable commercial properties, and now offers a climate change mortgage. Vancity doesn`t advertise this mortgage; instead it takes the money usually spent acquiring mortgage business - $1,250 per mortgage - and invests it in a climate change fund.
Citizens Bank began offering green mortgages last April in Ontario and will expand them to other provinces by next spring, said John Filice, director of residential mortgages.
Here is an interesting idea to get a mortgage and line of credit to upgrade dwelling.
http://www.househunting.ca/Buying-Homes/st...88-b5953b774b59
QUOTE His new Citizens Bank of Canada mortgage included a $10,000 line of credit at prime for energy-efficient upgrades and a blue recycling bin filled with $875 worth of information and coupons, including a $375 home energy audit to help determine what improvements can be made to his 18-year-old Toronto-area home.
...
Vancity Credit Union (which wholly owns Citizens Bank) has been involved for many years in financing green and sustainable commercial properties, and now offers a climate change mortgage. Vancity doesn`t advertise this mortgage; instead it takes the money usually spent acquiring mortgage business - $1,250 per mortgage - and invests it in a climate change fund.
Citizens Bank began offering green mortgages last April in Ontario and will expand them to other provinces by next spring, said John Filice, director of residential mortgages.