Innovative mortgages for transforming homes
GreenLift.Group - About
GreenLift is pioneering innovative approaches to residential green financing in Australia.
We are transforming traditional mortgages into green loans by facilitating and financing home improvements that enhance energy efficiency and sustainability.
A GreenLift Mortgage
Improving Australia with home loans
A GreenLift Mortgage is a home loan which has the same monthly payments as a traditional mortgage product; but reduces your energy bills and increases the value of your home.
When you purchase or refinance a home with us, we work with you to rollout energy reducing technologies. The GreenLift team works with you to tailor a package of home improvements from solar to a battery, induction cooktops, hot water and heating solutions - resulting in a home which is more modern, valuable and cheaper to run.
Frequently Asked Questions
What is a non-bank lender?
A non-bank lender is a financial institution that offers loan products, including mortgages, without holding a banking license. At GreenLift, we specialize in green home loans and energy efficiency upgrades, providing tailored solutions that many traditional banks don't offer.
Are non-bank lenders regulated?
Yes, non-bank lenders like GreenLift are regulated by the Australian Securities and Investments Commission (ASIC) and must comply with the National Consumer Credit Protection Act. We adhere to the same responsible lending obligations as banks.
Is my money safe with a non-bank lender?
Absolutely. While we don't offer deposit accounts, your loan is secured against your property, just like with a bank. Our focus is solely on providing high-quality loan products and excellent customer service.
Can non-bank lenders offer competitive interest rates?
Yes, often non-bank lenders like GreenLift can offer very competitive rates. We have lower overhead costs than big banks, allowing us to pass these savings on to our customers.
Why choose GreenLift over a traditional bank for a green home loan?
GreenLift specializes in green home loans and energy efficiency upgrades. We offer tailored products, expertise in sustainable home improvements, and potentially better rates for green initiatives that many traditional banks don't provide.
Do non-bank lenders offer the same level of customer service as banks?
Often, non-bank lenders like GreenLift can offer superior customer service. We're smaller and more agile, allowing us to provide more personalized attention and faster response times than large banks.
Can I get a loan from GreenLift if I've been rejected by a bank?
Possibly. As a non-bank lender, we may have more flexible lending criteria, especially for green home improvements. We assess each application individually, considering factors that traditional banks might overlook.
How fast can GreenLift process my loan application compared to a bank?
Non-bank lenders like GreenLift often have streamlined processes, allowing for faster approval times. Our specialization in green home loans means we can often process applications more quickly than generalist lenders.
Does GreenLift offer the same range of products as a bank?
While we may not offer the broad range of financial products that banks do, we specialize in green home loans and energy efficiency upgrades. This focus allows us to offer innovative, tailored products that many banks don't provide.
Will choosing a non-bank lender affect my credit score differently than a bank would?
No, choosing a non-bank lender like GreenLift won't affect your credit score any differently than applying with a bank. We report to credit bureaus in the same way banks do.