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Eco-friendly Home Loans Never heard of them? They do exist amongst the myriad of other loans out there. Some lenders care about the environment - or else they know others do and this is a way of attracting their business. What ever the reason, if you can benefit from a rebate for something that does actually help to save our natural resources, why not do it?
An example of an eco-friendly could be one that attracts a rebate for the use of water-saving devices. It is a simple matter to install a shower head that saves water, water tanks, or a timer on your garden sprinkler to get the rebate and you'll save in another way too. Your water bill won't be so high.
If you also install a solar hot
water system and home insulation, you'll be saving a great deal on your electricity bill. Rebates may be from $200 to $1400 depending on the size of your loan. This money must be used to purchase the required items and the receipts kept for proof. In some cases the rebate comes in the form of a lower interest rate.
Eco friendly home loans are available from most major banks and other lenders.
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