Photo source:Imtl

TD Canada Trust announced it is increasing the cash rebate on its Green Mortgage and Green Home Equity Line of Credit for qualified purchasers who apply between April 25th to July 31st, 2008.

Customers will continue to receive 1% off the posted interest rate on a five-year fixed rate mortgage or on a five-year fixed rate portion of a Home Equity Line of Credit AND will now receive a cash rebate up to 1.5% (up from the regular rebate of up to 1%) of the amount of the mortgage/HELOC when customers make ENERGY STAR qualified purchases.

In addition, TD Canada Trust will donate $100 to the TD Friends of the Environment Foundation each time a customer receives a rebate. “Both our Green Mortgage and Green HELOC products meet a growing desire among customers to make environmentally friendly choices like energy efficient upgrades or purchases,” said Joan Dal Bianco, Vice President, Real Estate Secured Lending, TD Canada Trust. “At TD we are very committed to the environment, so it’s great to be able to offer even more of an incentive for homebuyers to go green.”

A wide range of ENERGY STAR qualified products are eligible for rebate in the following categories:

• Major appliances
• Heating, cooling and ventilation equipment and controls
• Windows, doors and skylights

The cost of a residential energy efficiency assessment is also eligible for the rebate.

Source: Canadian News Wire

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Posted By: Deya Bautista - Real Estate Broker working as part of the McGill Immobilier team. Specializing in high end condos in downtown and Old Montreal. For buying or selling contact Deya at: 514.917.7889 http://montrealrealestateblog.com/