Financing Your Green Presale: RBC’s Green Home Mortgage Explained
This article was written in collaboration with Liam Foran, Mortgage Specialist at RBC.
Why Green Presales Are Different
Today’s presales aren’t just about square footage and views — many new developments highlight sustainability through energy-efficient construction, low-carbon systems, and smart design.
For buyers, that often means:
- Lower long-term utility costs
- Homes that meet rigorous energy performance standards
- A smaller environmental footprint
But green homes also come with unique financing opportunities that most buyers don’t know about.
Introducing the RBC Green Home Mortgage Program
RBC created the Green Home Mortgage to support buyers of certified energy-efficient homes. Here’s what makes it different:
- ✅ Firm Approval During Construction – No need to re-qualify at completion, even if your income or the lending rules change.
- ✅ No Re-Appraisal Required – Your financing is secure, even if market values shift.
- ✅ Capped Interest Rate – Protects you if rates rise, while still allowing you to take advantage of lower rates at completion.
- ✅ Extended Amortization (Up to 35 Years) – More flexibility and lower monthly payments.
- ✅ Move-In Cash Incentive – Up to $3,000 cash back with select RBC-preferred builders.
- ✅ Mortgage Insurance Rebates – Save up to 25% on insurance premiums through programs like CMHC Eco Plus.
💡 Expert Insight from RBC
“The Green Home Mortgage program was designed to reward buyers who choose sustainable homes. By combining long-term financing certainty with energy-efficiency incentives, it gives presale buyers the best of both worlds: financial peace of mind and reduced environmental impact.”
— Liam Foran, RBC Mortgage Specialist
📧 liam.foran@rbc.com | 📱 778-872-2301
Local Insight: Green Presales on the North Shore
North and West Vancouver developments are at the forefront of green building design in Metro Vancouver. From Passive House multi-family projects to LEED-certified towers, more projects here meet the standards required for RBC’s Green Home Mortgage.
Buyers on the North Shore benefit from:
- Innovative building technologies (triple-pane windows, high-performance insulation)
- Lifestyle-focused sustainability (EV charging, bike storage, energy-efficient amenities)
- Access to a mortgage program that helps offset higher upfront costs of green construction
Pro Tip: Pair Your Green Home With Green Financing
If you’re buying an energy-efficient presale, don’t settle for a standard mortgage. RBC’s Green Home Mortgage offers extra flexibility, rebates, and long-term cost savings — all while supporting a more sustainable future.
Talk to your realtor and mortgage specialist early in the process to confirm if your presale qualifies. With the right team, you’ll lock in both financial confidence and environmental impact.
Thinking of Buying a Presale on the North Shore?
Let’s make sure you’re getting the right unit, in the right project, at the right time — with no surprises. Reach out for expert guidance on North Vancouver and West Vancouver presales, and let’s walk through your options together.
