Planet-Wise™ home renovation loan
Make renovations your climate action.
Borrow
Your choice of term loan, Creditline, or HELOC
Best part
Get our most competitive rates for choosing the planet
Why get a Planet-Wise renovation loan?
Our loans fund environmentally friendly renovations that help you save money, upgrade your home, and help the planet.
Competitive rates
Enjoy a low interest rate. Borrow from Vancity Prime +0.5% to +3.0%1 when making qualifying renovations.
Vancity Prime Rate: 4.45%2
As of 2025-10-30
Increase resale value
House hunters know that an energy-efficient home often means smaller bills and improvements that are designed to last.
Member perks
Exclusive to Vancity members, get a free one-on-one tailored home-energy checkup from City Green valued at $175+.
Qualifying upgrades and renovations.
Use Planet-Wise Renovation to improve the comfort, efficiency, and affordability of your home.
Energy efficient exteriors
- Improving insulation
- Installing new windows and doors
- Increasing air tightness to reduce drafts
Appliances, power and water
- Energy management devices like smart home thermostats
- ENERGY STAR® appliances
- Energy-efficient lighting
- Low-flow showers and toilets
- For EV charging stations and other vehicles, see our Planet-Wise transportation loan
Renewable energy
- Solar panels
- Geothermal systems
Low-carbon heating and cooling
- Heat pumps for hot water and for space heating and cooling
Not sure what your home needs?
Sign up to get recommendations tailored to your home from a certified City Green expert. Valued at $175, it’s free for Vancity members.
Planet-Wise borrowing options.
| Term loan | Creditline | Creditline mortgage (HELOC) | |
|---|---|---|---|
| This is for you if… | You’ll be purchasing things all, or mostly, at once, and want a scheduled payment plan. | You won’t need all the money at once. You only want to pay interest on what you use, as you use it. | You want to use your home’s equity to borrow at a lower interest rate. |
| Loan length | Up to 15 years | Open-ended | Open-ended |
| Minimum | $3,500 | $5,000 | $25,000 |
| Maximum | $50,0004 | Depends on what you qualify for4 | Depends on what you qualify for, up to 65% of your home’s equity5 |
| Rate | Vancity Prime2 + 0.75%1 | Vancity Prime2 + 3.0%1 | Vancity Prime2 + 0.50%1 |
| Insurance available |  | | |
How to apply.
Let’s walk through the process of getting a Planet-Wise home renovation loan.
Talk to us
Book an appointment with our lending experts to get advice and have all your questions answered. Let us know what renovations you plan on doing.
Get advice on the three options
Tell us how much you’ll need, when you need it, and we’ll be able to find the best option for you quickly.
Provide application documents
Once your lending expert finds the right solution for you, they’ll put together the application and handle the rest.
See document checklists for:
Get started.
To talk through your questions or start your application, book an in-person or phone appointment with us.
Explore other loans.
Planet-Wise Transportation Loan
Line of credit
Home equity line of credit (HELOC)
The annual percentage rate (APR) is compounded monthly, not in advance, APR assumes no fees or charges apply. If additional fees and/or charges apply, the total Cost of Credit and APR would increase. This product, its features and advertised interest rates may change at any time and may be withdrawn by Vancity at any time for any reason without prior notice to the member.
The Vancity Prime rate represents a variable rate of interest announced by Vancity from time to time as its Prime Lending Rate and Prime rate for interest earned on select accounts. Rate subject to change without notice.
Eligible to Vancity members with current Vancity mortgage product or Planet-Wise Renovation Loan. Rebates include $150 rebate on pre-upgrade EnerGuide home evaluation, and $250 rebate on post-upgrade EnerGuide home evaluation. See EnerGuide Home Evaluations for full details.
Applicants must meet all Vancity’s lending criteria. Certain conditions and restrictions apply.
All applicants must meet Vancity’s lending criteria. Minimum equity in your home is required to qualify. Available on residential properties only. Some conditions and restrictions apply.