Green Construction Loan
Adding energy-efficient or climate-resilient upgrades to your home? Enjoy a greener, cleaner home with a sustainable competitive rate.
Multi-award winning
Green Construction Loan
-
Discounted 5yr green construction rate++
-
Interest only during construction
-
No monthly or ongoing fees
-
Offset sub-account available after completion
-
Unlimited additional repayments after completion
-
Access your account via Smart Money app
Why our green construction loan could be the most efficient loan for you
Discounted green rate++
Get rewarded with a discount to your construction loan rate when you go green for your new home.
Interest only period
Pay interest only repayments on your green loan during the construction period so you’ll save more.
Additional repayments
Once construction is complete you have the option to make additional repayments on your green loan.
No ongoing fees
Enjoy no ongoing fees on your green construction loan.
Need to know more? Here's the whole offer
Repayment Type
Maximum LVR of 90%
Product | Interest rate from | Comparison rate |
---|---|---|
Green Construction | 6.18% p.a.++ | 6.44% p.a.* |
Green Construction Investor | 6.69% p.a.++ | 6.66% p.a.* |
10% deposit minimum | Yes |
---|---|
Up to 30 years loan term | Yes |
Unlimited additional repayments | Yes |
Application fee | $0 |
---|---|
Ongoing fees | $0 |
Security assessment fee | $230 |
Government fees | At cost |
Settlement fee | $300 |
Construction admin fee | $120 |
Construction assessment progress fee | $650 |
Ready to get rewarded when you go green?
"We found that loans.com.au still had a very competitive rate and we were happy with the service"
Laura
Home loan customers
Join our other customers
“Very good rates and good service„
“Friendly staff with a highly professional approach to the finance industry. I would highly recommend working with the team at loans.com.au. This is my third time using their services, and each experience has been smooth and reliable.„
“The staff were very helpful, making the process easy. I was slow at times to respond but they cheerfully dealt with this until I was approved. I am very impressed.„
“Sharon and Team at loans.com were amazing. She was happy to answer and explain all my questions thoroughly. Every interaction with Sharon and the Team was supportive, willing to listen and provide help when needed. Will definitely recommend Loans.com especially working with Sharon and Lee Li.„
“Straightforward, pleasant, very helpful staff.„
“Tannah was very helpful and understanding. It's been a very smooth process and great communication on their part!„
“Fabulous Team, thank you so much for a very smooth & successful application!„
“Friendly customer service. Smooth and fast process without any hassle. Had the loan settled within 2 days of providing necessary documents. A big thank you to Cherie and Rena for their kind and prompt assistance„
“Returning to loans.com.au for lowest interest rates and easy service.„
“Great people and great service. Went smoothly and swiftly„
“I had a fantastic experience with Loans.com.au. Their advisors were friendly, clear, and ensured my application was in top shape before submission, maximizing the chances of approval. I was thrilled that the entire process was completed in just one day, with settlement happening the very next day! Special thanks to Aichi and Liam for their outstanding support. Highly recommend!„
“Excellent communication that was timely and thoughtful. Thank you to Sharon for her help through this process.„
As seen on...
It's fast & easy to get a loan with loans.com.au
Apply online
Simply fill out your loan application online by entering some of your details, or chat to one of our friendly lending specialists over the phone and they can complete your application for you.
Speak to a specialist
You will then have a phone appointment with one of our lending specialists to finalise your application, and help you progress through the loan approval process through to settlement as quickly as possible.
Fast track your loan with onTrack
- Gain 24/7 control of your application
- Get alerts straight to your phone
- Easy to download mobile app
Access at your fingertip
You now have access and complete clarity of your loan application on-the-go with onTrack mobile.
The easy to use mobile app will keep you up-to-date with the progress of your loan anytime, anywhere with alerts straight to your phone. It's now even easier to get your loan approved and settled fast, no matter where you are.
Settle
Your loan will settle, and you’ll enjoy your new loan rate.
onTrack
Fast track your loan with onTrack
- Gain 24/7 control of your application
- Get alerts straight to your phone
- Easy to download mobile app
Access at your fingertip
You now have access and complete clarity of your loan application on-the-go with onTrack mobile.
The easy to use mobile app will keep you up-to-date with the progress of your loan anytime, anywhere with alerts straight to your phone. It's now even easier to get your loan approved and settled fast, no matter where you are.
Frequently asked questions
To qualify, 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.
The rates are discounted on your variable rate loan for 5 years from settlement date (up to 0.96%***). You can choose from Principal & Interest or up to 5 years of interest-only repayments.
Yes, the Green Construction Loan can be for extensive green renovations, pending the home meets the NatHERS requirements then we can apply the green construction discount.
The Nationwide House Energy Rating Scheme (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.
An example of a NatHERS certificate may be useful when looking at what elements of your home require the Certificate Check.
Yes, there may be situations in which you could lost the discount as stated in the terms and conditions in the loan, if there are any material changes to the original loan. This includes but is not limited to change in security, occupancy type, and repayments type.
There are a few documents you'll need to provide in your home loan application. Some of these include:
- 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)
loans.com.au requires a minimum deposit of 10% of the purchase price of the property, or the current value of the property if you are refinancing. To avoid paying Lenders Mortgage Insurance (LMI), borrowers need a 20% deposit in most cases.
Related content
The settlement process is different depending on each individual applicant's personal situation, but we generally say it can take anywhere between 4 to 6 weeks. To get to settlement, you'll need to apply, speak to one of our lending specialists, upload your documentation, get the property valued, have your loan approved and the documentation delivered and signed, then you'll settle.
Related content
After settlement, you'll nominate on your direct debit form when you start repayments. Our Customer Care team will also confirm your repayment dates when calling you at loan settlement. Additional repayments into a fixed home loan are allowed and are up to $10,000 per year.
We charge a $300 settlement fee plus a security assessment fee. The security assessment fee for a standard property in a metropolitan area in a major city starts at $230 for properties valued up to $1 million. The security assessment fee is not refundable and is payable when the security assessment is ordered.
Related content
We sure do! Introduce someone to loans.com.au and we'll reward you when they settle their loan with us!
For home loans, we'll give you a huge $1000 bonus when they settle their home loan with us and your friend will also receive $1000.
For car loans, we'll give you a huge $250 bonus when they settle their car loan with us and your friend will also receive $150 off their settlement fee.
Konnie
Lending Specialist
Real humans based in Brisbane, Australia
As an experienced lending specialist, Konnie and our team can answer all your questions to get you on track.
Smart friends
Real Good Rewards
As a loans.com.au customer, if you refer a new customer to us we’ll reward you.
A loan to help make your home and budget more sustainable.
Find out of you are eligible for our green construction loan.
How often should you refinance your home loan?
Whatever your situation is, refinancing can have benefits. Think carefully if it makes sense to refinance your home loan.
Choosing the best home loan for refinancing
Home refinance loans are not a one-size-fits-all solution. When looking for the best home loans for refinancing, make sure your refinance options have the following.
Should you refinance your investment loan?
Like any investment strategy, you need to consider all the potential risks involved. There’s a right time and place for refinancing your investment loan. Before you delve right in, you need to review your investment carefully.
Can refinancing your home loan save money?
Tips for a Successful Home Loan Refinance
What is home loan refinance?
Refinancing tips for investment properties
A step-by-step guide to the refinancing process
Guide to switching home loans
Is it good to refinance when house price is falling?
What are the costs of refinancing your home loan?
What you will need to refinance your home loan
Welcome to loans.com.au _
Just in case we lose you, may I ask for your contact details....
Loading Form