Q.Is there any additional costs added to my loan for using Ethical Homeloans?
Ans.No, there is no additional cost, our service is completely free. The amount we donate to the charity of your choice is taken from the commission paid to us by the bank.
Q.What amount of money is donated to the charity?
Ans.The amount is determined by the amount you are borrowing; capped at a maximum of 10%.
Q.How does my nominated charity receive the donation?
Ans.Once your home loan has settled and the banks commission is received Ethical Home loans will donate directly to the Charity.
Q.What is a green bank?
Ans.Green banks are banks or credit unions that don’t finance the expansion of the fossil fuel industry in Australia.