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BMO Eco Smart Mortgage®

Introducing the BMO 5-year fixed closed mortgage that rewards customers for making smart choices for their home and the environment. If you've bought, plan to buy or already own a home with energy efficient features, you can qualify for a great rate on our full featured BMO Eco Smart Mortgage.

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Choose this Mortgage if you...

  • have or are looking for a home with energy saving features
  • want a great rate that will help you save on your overall mortgage costs
  • want pre-payment options that will let you pay down your mortgage faster and reduce your interest costs
  • want peace of mind knowing your rate will not rise during the mortgage term

Call us for details


To qualify for the BMO Eco Smart Mortgage, your home must meet the requirements outlined in the BMO Eco Smart Mortgage checklist as confirmed by a third party appraiser (or energy auditor) arranged by BMO.

For Single Family Homes including townhouses (condo or freehold), your home will need 6 out of 7 features to qualify:

  • High efficiency heating system
  • High efficiency air cooling system or no air cooling system
  • Good quality attic insulation
  • ENERGY STAR® qualified windows with no cracks or air gaps
  • ENERGY STAR qualified hot water system or solar or tankless hot water system
  • ENERGY STAR qualified doors with no cracks or air gaps
  • At least three ENERGY STAR qualified major appliances

Download Checklist (1.5MB - PDF)

For High-Rise Condominiums, your home will need to have all 5 of the following features to qualify:

  • Energy efficient windows with no cracks or air gaps
  • Energy efficient doors or no doors separating heated from unheated spaces
  • ENERGY STAR qualified hot water system or tankless hot water system controlled within the individual unit
  • ENERGY STAR qualified lighting
  • At least three ENERGY STAR qualified major appliances

Download Checklist (1.53MB - PDF)

Frequently Asked Questions

If you're unsure of how the BMO Eco Smart mortgage works or what steps to take, find answers in our FAQs.

Ready to apply
Complete your application online and we will contact you within two business days to follow-up with you.
Schedule an appointment
In just a few easy steps, choose the date, time and branch to book an appointment that works with your schedule.

In Canada, the ENERGY STAR® name and symbol are administered and promoted by Natural Resources Canada and registered by the United States Environmental Protection Agency.
©The EnerGuide text is produced with permission of the Minister of Natural Resources Canada, 2011.

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