Green home loans offer home owners the chance to make their property more environmentally friendly with government grants and rebates. A green mortgage is available from many lenders and the interest rate can be as much as 0.5% lower than the standard variable rate. 
The problem with green home loans for many home owners would be the financial strain of converting to building a new house to environmentally friendly standards, as well as the extra work involved. With government rebates allowing you to install solar panels, water tanks and other ''green'' climate friendly devices, you could find it is easier than you think.
You can install double glazing which reduces heat loss and noise transmission through windows.
Solar hot water heaters reduce your reliance on the power supply for the heating of water and can result in financial savings through reduced energy bills. Water storage tanks reduces your reliance on water storages, resulting in financial savings through reduced water bills. Then there is also solar power (photovoltaic systems) Micro hydro systems and Grey or Black water treatment systems.
So-called "green" mortgages are based on the premise that a more energy efficient home will result in lower monthly utility bills. Since a person will be paying less in utility bills, that savings translates into income, allowing a homebuyer to qualify to buy a more expensive home. Green mortgages have been around since the 1970's but recently have become more common. Part of the expected spending on green home loans was in jeopardy at this year's federal budget, as the government scaled back some plans due the global financial crisis. While energy efficient mortgages still make up a tiny amount of all mortgages, demand is expected to climb as more and more homebuyers are faced with high housing prices and surging energy costs.
With innovative ideas and the government grants, you can achieve what you want to achieve. With a green home loan, you must still consider all the factors as a normal home loan. Take a look at the interest rate, and any added features with the loan.
If you would like to discuss your mortgage, call us today on 1300 787 665 or submit your details on line.