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A mortgage secured variable rate loan for approved environmentally friendly purposes. You receive a discounted interest rate, discounted loan establishment fee, no monthly loan fees and Summerland will make a donation to a local, environmentally focused organisation.
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| at a glance |
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| Loan purpose |
Can be used for many environmentally focused purposes such as 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 |
Yes. Discount of 0.25% off our standard variable home loan product |
| Discounted Establishment Fee |
Yes. Discount of 25% off our standard home loan establishment fee, or mortgage extension fee.
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| Monthly Loan Fees |
Waived |
| Charitable Donation |
Yes. Summerland will make a donation of 25% of our standard establishment fee to a Summerland nominated environmentally focused organisation |
| Fast loan approval + speedy documentation preparation |
Because we know you want to be able to move quickly with your purchase |
| Pre-approval available |
Yes. Have loan approval ready before you negotiate your environmental purchase |
| Additional + lump sum payments allowed |
Yes, free |
| Protected Loan Repayment option |
Yes, to cover yourself for unforeseen events |
| Flexible repayments |
Yes. Pay weekly, fortnightly or monthly to suit your needs |
| Home + Contents insurance |
Available through Summerland if required. Find out more |
| Internet Banking |
Makes it easy
Find out more about our Internet Banking. |
Interest rates
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Current Interest Rates |
Fees & Charges
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Current Schedule of Fees & Charges |
How to apply
Other information
This is general advice only and may not be right for you. Please read the Credit Guide before making decisions. Terms and conditions, fees and charges apply. Copies can be obtained from one of our branches or by calling our Support Centre on 1300 802 222.
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