Ready to go green? Simply apply online or chat to a lending specialist and they can do the hard work for you. We make the process easy so you can settle, start the build and start saving money, and the environment, sooner.
What is a Green Construction Loan?
We’ve listened to our customers, and we understand it’s important to you to have the option to choose a loan which benefits the environment. Our Green Construction Loan is like our regular construction loan, but better for you and the environment.
In simple terms, you'll benefit from a discount on your construction loan if the home you build complies to a certain environmental standard based on the Nationwide House Energy Rating Scheme (NatHERS).
NatHERS is a star rating system (out of ten) that rates the energy efficiency of a home, based on its design. Star ratings are based on information about the home’s design, construction materials and the climate where it is being built.
To qualify for the discounted loan, we require a NatHERS certificate by an accredited assessor, showing a 7.0 star rating or higher. Your builder can assist you in getting a NatHERS certificate from accredited assessor with your building plans.
Green Construction Loan Rates
Up to 90%
2.58% comp rate*
Green Construction Investor++
Up to 90%
3.09% comp rate*
Want to see more home loan options? Compare our home loans
Why choose the Green Construction Loan?
Save yourself thousands in interest while saving the environment with the discounted green construction rate.
Interest Only during
Ensure your interest rate doesn’t change during construction period
No monthly, annual or ongoing fees
We don’t charge any monthly, annual or ongoing fees, so you can save thousands and focus on what is important to you.
As an online lender, we save in overhead costs and pass those savings directly on to you. So, we don't charge you an application fee.
In addition to our great low rates, we don’t charge you any ongoing fees.
We won’t even sting you with an annual fee!
Our Green Construction Loan Process
loans.com.au makes borrowing to build simple. Go from application to settlement in a few steps. Here's how.
Arrange your NatHERS certificate
Fund construction in 6 separate stages
The different phases of a construction loan
Before you apply you'll need:
A Licensed builder
Once your loan is approved the 6 construction stages are:
Frame up complete
Once construction is about to finish, and before final payment, you’ll need:
A copy of your Occupancy Certificate
A copy of your home building insurance
Signed authorisation, so the builder can fix anything before the final payment is made.
Once the final payment has been made we’ll convert your dream home loan construction to a dream home loan offset variable.
Frequently asked questions
An example of a NatHERS certificate may be useful when looking at what elements of your home require the Certificate Check. An example report is here.
- Two (2) most recent consecutive payslips for each applicant
- Three (3) months bank statements showing regular salary credits, including most recent salary credits with the name of the employer evident
- Evidence of Salary Sacrifice or Packaging (if applicable)
- Evidence of Company Vehicle/Car Allowance (if applicable)
- Six (6) consecutive months of home loan statements showing consistent repayment history (if applicable)
If you have income paid to more than one account you'll need statements for all those accounts. Alternatively, you could provide your most recent Tax Assessment Notice and a letter from your employer that confirms your salary.
If you're self-employed, the paperwork will be slightly different. When you refinance a loan, you'll need to provide evidence of your ability to make repayments, so your lender will request two years of business and personal tax returns and ATO assessments.
Once your loan application has been submitted, you will be given access to our online portal onTrack. In onTrack, we will collect some more information from you and you can track your application. When your loan settles, you will be given your referral code in onTrack.
You can refer as many people as you like!
At loans.com.au, we help people into their dream homes and cars.
For the last 10 years, thousands of Aussies have trusted our experienced & locally based team with some of their biggest financial decisions - buying a home, a new car or refinancing to save on interest.
Our customers trust us to support them with low home loan and car loan rates, approved quickly through our easy-to-use online app.
loans.com.au is completely safe and financially backed by Firstmac, Australia’s 12th largest lender. Firstmac has been operating successfully for more than 40 years, and has $15 billion in mortgages under management, as Australia’s leading non-bank lender.
We are also actively involved in our local community with our loans.com.au Women, Children & Community Program designed to support Australian charities on their mission to raise awareness for important causes.Read our story
Read some of our real good feedback.
The entire team were all very patient as it took a long time for us to find a property
Extremely happy with these guys. I checked them out initially for their low rates but was most pleased with the various team members who helped arrange my loans, especially Ray the lending manager - absolute legend and he deserves a raise - such a great guy who sorted us out all along the way and explained everything very clearly. The entire team were all very patient as it took a long time for us to find a property, including a few false starts at auction. No wait times on the phone with them either. 100% recommended, especially after my experience of being with a major lender for a long time and paying above market interest rates for my loyalty.
April 28, 2022
Friendly and efficient service
Seamless experience. Friendly and efficient service.
April 25, 2022
So easy and simple
The whole process from my initial phone enquiry to my loan being approved was so easy and simple. Ray was amazing. He put my nerves at ease and was able to give me sound financial advice. I would definitely recommend loans.com.au to my family and friends.
April 22, 2022