Community First Green Loan

If you're looking for a flexible and affordable way to fund your next energy-efficient home upgrade, the Community First Green Loan is an excellent option. With a low variable interest rate, no mortgage requirement, and an extensive list of eligible upgrades, this is our favourite green loan product. With no requirement to be an existing customer, this loan provides an accessible way to turbocharge your energy bill savings, increase the value of your property, and protect your family against rising energy costs.

 

The Community First Bank Green Loan is designed to make sustainable home improvements accessible to more Australians. Unlike many other green loans, you don’t need to secure it against your home. With no mortgage requirement, the Community First Bank Green Loan rewards homeowners who have already paid off their mortgage or don't bank with one of the majors. The Community First Bank Green Loan is an unsecured personal loan with an interest rate of 6.54% p.a. (7.59% comparison rate) and gives borrowers the flexibility to borrow from $1,000-$100,000 for their next energy-efficient home upgrade.

How to choose your upgrade: The Community First Green Loan provides a wide array of eligible products. To make the most of this, it’s important to know which upgrades will deliver you the biggest savings—and in what order. 

 

 

Unlock the full potential of your home with 28Watt

At 28Watt, we’re passionate about helping homeowners transition to cleaner, more efficient energy use. The Community First Bank Green Loan is a fantastic way to fund your upgrades, but knowing which improvements will save you the most is key.

That’s where our Free Home Assessment comes in.

How 28Watt helps you maximise the value of the Community First Green Loan

  • Personalised upgrade recommendations – We assess your home to determine the most cost-effective improvements.

  • Transparent cost estimates – Know exactly what to expect before committing.

  • Trusted installers – We connect you with vetted, reliable, and local installers who meet eligibility requirements for your loan.

Start your free home assessment

 

What can I buy with a Community First Green Loan?

  • Solar panels and photovoltaic (PV) systems (incl. solar batteries)
  • Solar hot water systems and solar pool heaters
  • Insulation and double-glazing
  • External awnings
  • LED lighting
  • Rainwater tanks
  • Energy-efficient heating and cooling
  • + heaps more!

How a Free Home Assessment Maximises the Value of the Community First Green Loan

  • Expert advice: 28Watt gives you access to your own home energy efficiency expert who can help you explore which upgrades on the list make the most sense for your home.
  • Getting it right: With so many upgrades available, it can be overwhelming. Our experts will help guide you on which options suit best based on your unique and personal goals.
  • On-time: The 28Watt initial home assessment is provided within minutes, with the ability to speak with an expert provided within 24 hours, meaning you can start saving sooner.

Handy tip!

All installations must be carried out by accredited installers, ensuring the highest standards of quality and safety. Through 28Watt, we’ll connect you with trusted professionals so you can stress less and enjoy your savings.

What you need to qualify for the Community First Green Loan

  • Be employed with your current employer for more than 6 months.
  • An acceptable credit score.
  • Australian citizenship or permanent residency.

Getting Started

 

  1. Start Your Free Home Assessment: We’ll help you determine the best upgrades for your home, give you a preliminary quote, and connect you with approved installers.

  2. Be Application Ready: Along with your basic personal details, ensure you have details of your income, employment, assets, and debts ready. You may need to upload your Bank Statements through a secure service provided by the bank.

  3. Site Visit: A local, trusted installer will visit your home to finalise your quote

  4. Submit your Application: Using your final quote, complete your Community First Bank Green Loan application process. If you're completing multiple upgrades with the loan, you'll need to provide all quotes before being approved.

  5. Installation: Your installer will visit your home on the agreed-upon date to complete the installation.

  6. Make Payment: Complete your payment using 28Watt's secure payments platform.

 

Start your free home assessment

 

28Watt's Takeaway

The Community First Bank Green Loan is one of the best green loan products available today. It offers an unbeatable combination of affordability, flexibility, and an extensive eligible product list—all without requiring a mortgage.

Community First Bank has been at the forefront of providing accessible green financing options. With a low variable rate and flexible terms, this loan stands out in the growing market of green finance. Unlike many other green loans, it is unsecured, making it an excellent option for homeowners who are looking to invest in sustainable upgrades without leveraging their property.

With rising energy prices and a stronger push towards sustainable living, securing funding for energy-efficient home improvements has never been more important. Whether you’re looking to lower your bills, reduce your carbon footprint, or future-proof your home, the Community First Bank Green Loan provides an affordable and practical way to achieve your goals.

At 28Watt, we’re here to make home electrification simple, affordable, and effective. The Community First Bank Green Loan is a fantastic tool for anyone looking to embrace energy efficiency, but if that’s not the right fit for you, explore other green loan options below:

Not sure which technologies will save you the most or what fits within your budget? Complete your Free Home Assessment today and see how 28Watt can help you unlock the full potential of your biggest asset.

 

Start your free home assessment