variable rate from
3.51%PA
comparison rate from
3.56%PA
Eco Home Loan
A mortgage secured variable rate loan for approved environmentally friendly purposes. You receive a discounted loan establishment fee, no monthly loan fees and Summerland will make a donation to a local, environmentally focused organisation.
- Must be used for environmentally-friendly purpose including:
- solar energy generation
- water treatment/recycling
- rainwater tanks
- roof insulation
- energy efficient glazing and awnings (window tinting)
- hybrid motor vehicles or push bikes
- Loan is secured by real estate property
- Competitive interest rate, as per Interest Rate Schedule
- Discounted establishment fee - 25% off our standard home loan establishment fee or mortgage extension fee
- No monthly loan fees
- Charitable donation of 25% of our standard establishment fee will be made to an environmentally focused organisation
- Fast loan approval and speedy document preparation, so you can move quickly with your property purchase
- Pre-approval available - have your loan approval ready before negotiation the purchase of your new property
- Additional and lump-sum repayments possible
- Redraws allowed
- Protected loan option - cover yourself for unforseen events
Have one of our loans experts get in touch.
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Minimum loan amount $150,000 and LVR of 80% or less. Offer for new loans only and not available for construction loans or guarantor loans. The interest rate is variable and subject to change. The comparison rate is based on a secured loan of $150,000 for 25 years based on monthly repayments. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Conditions, fees and charges and eligibility criteria may apply. Terms and conditions available upon request.