BeGreen loans

To reward our members who want to make their lives more environmentally sustainable, we offer loans for a variety of home improvements, conversions and electric vehicle purchases.*

If you already have a home loan with us, then you can qualify for a significantly discounted BeGreen Loan!


Annual variable interest rate for our members with First Option home loans


Comparison rate#

Install solar 

If you want to convert your house to capture and use solar power by installing solar panels, battery, appliances and/or car charging station... talk to us about your options.

Make your home more efficient

If you want to upgrade your home insulation, install a rainwater tank or switch your appliances away from gas... we can help you take steps towards having a cleaner, greener, more efficient home.

Improve your quality of (home)life

If your aim is to be happier in your home by upgrading or installing new appliances, new heating or cooling and insulation etc.  whilst reducing it's environmental impact.... we can help.

Get some new (electric) wheels

If it's time for a change: getting an EV as your new car or alternatively getting on an eBike for commuting, then call us!

BeGreen projects

Electric Vehicle (EV) or plug-in hybrid
eBike or electric commuter scooter
Double glazing on external windows and glass doors
Solar electricity generation
White goods and appliances (min 5-star energy rating)
Water storage tanks
Water or energy saving devices
Waterless composting toilets
Grey water recycling system
Reverse cycle air conditioning
High efficiency gas heaters
New exterior awnings
Rainwater tanks
Home insulation installation
Micro-hydro system
Retrofit kits
Wind turbines and electricity generation

Enquire Now


Annual variable interest rate for members without First Option mortgages.


Comparison rate#

BeGreen home improvement loan

  • An unsecured loan for environmentally sustainable home improvements
  • Includes the purchase of home appliances so long as they are rated as 5-star or above energy rating 
  • Variable annual interest rate
  • Loan Term 1-10 yrs
  • Loan minimum $2,000
  • 5.99% p.a. interest (6.24% comparison rate#) for borrowers with a First Option mortgage
  • 8.04% p.a. interest (8.29% comparison rate#) without a First Option mortgage
  • No monthly fees 
  • Application fee: $175 (added to the loan amount)

BeGreen electric transport loans

  • A secured loan for Electric Vehicles (EVs), plug-in hybrid, other electric transport including ebikes and battery-power commuter scooters 
  • Variable annual interest rate
  • Loan Term 1-7 yrs
  • 5.99% p.a. interest (6.23% comparison rate#) for borrowers with a First Option mortgage
  • 8.04% p.a. interest (8.29% comparison rate#) without a First Option mortgage
  • No monthly fees 
  • Application fee: $175 (added to the loan amount)


  • No account keeping or monthly fees
  • No penalty for extra repayments or early payout of loan
  • Redraw facility available


Application fees: $175
Annual and monthly fees: none


Appliances must have a 5-star or higher energy rating to qualify for a BeGreen loan.

Important Information about your Privacy: the law requires us to notify you of certain matters before we collect your personal information. Click here for our privacy notification.

*Eligibility criteria, terms and conditions, fees and charges apply. Normal lending criteria apply. #Comparison rates are calculated on a loan amount of $30,000 over a term of 5 years.  WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. All loan applications are subject to assessment, including your capacity to repay. All loans are subject to our normal lending terms and conditions. Contact First Option for the relevant terms and conditions. All BeGreen Loan fundings are "pay to purpose" payments that are made directly to the organization supplying the invoice. Loan approval may be conditional upon security. The Lending Team will advise you if this is the case. Any security offered or requested on any First Option loan must be insured with First Option noted as the financier on the policy. The insurance must be maintained for the term of the loan and an annual renewal must be provided to us on request.