Community First have stepped up, after the Government cancelled the interest-free Green Loan subsidy. They reward you for going green by offering a low rate personal loan to assist you in making environmentally friendly purchases.
Generally, products with a 5 star environmental rating will qualify for our green loan. To see what products qualify, visit http://www.livinggreener.gov.au/take-action/save-energy/buy-energy-efficient-appliances/
Examples of products covered by our Green Loan product include:
- Any vehicle with a 5 star environmental rating (View qualifying cars)
- Solar hot water systems
- Energy efficient white goods and appliances
- Insulation
- Rainwater tanks
- Double glazing
- Photovoltaic (PV) panels and systems
- Grey water Treatment system.
A Community First green loan provides you with the following:
- A personal loan at our standard variable mortgage rate
- No monthly loan account keeping fees
- Additional payments allowed
- Redraw on your loan
- Ability to roll your loan in to a home loan at an even cheaper rate
- Loan terms from 1-5 years
- Loan amounts from $1,000 to $50,000
For more information or to apply see here
