1 minute read
FINANCE with Marilyn Brayshaw
Green Home Loans
Did you know that some lenders are now offering discounts and incentives to buy, build or renovate in an environmentally friendly way?
Advertisement
With nearly a quarter of Australian greenhouse gas emissions coming from the property sector, it is no wonder that people are looking for greener options when it comes to owning homes and tackling the climate crisis.
What is a green home loan? A green home loan encourages borrowers to buy or build their future homes in an environmentally friendly way. These loans usually offer discounted interest rates for homes that pass a form of ecofriendly certification.
New home? Lenders are now offering discounts to homes with high energy efficiency ratings. Specific qualification criteria will differ from lender to lender.
Renovating? There are discounted rates available to install or upgrade sustainability features to your home, such as a solar hot water system, solar batteries, home insulation or energy-efficient glazing and windows.
These types of loans do have strict criteria, so it’s important to get professional advice from all involved including your broker, lender, installer, or builder. ca
ASTUTE FINANCIAL MANAGEMENT PTY LTD
P. 0414 789 665 www.astutefinancial.com.au/ mooloolaba/
ABN 59 093 587 010
Australian Credit Licence Number 364 253