Green Money Mortgages: Homeowners to Receive Serious and Sustainable Savings by Going Green

BRISBANE, Australia--(BUSINESS WIRE)--New Home Finance group, Green Money Mortgages (www.greenmoneymortgages.com.au), offers homeowners discounted mortgage rates and massive energy savings that could be the key to surviving these tough economic times.

“It is the first management tool that lets homeowners set and control the amount they are spending on their electricity bill.”

Co-Founder Darryl Vine said today, "The banks continue to be conservative in lending to the new home and first homebuyer sectors while the refinance sector has become very competitive."

"More than 15,000 homeowners are refinancing every month in an attempt to achieve savings. For those who have been able to achieve cheaper interest rates it's been a real win," said Vine.

In the energy market, more than 200,000 homeowners have registered with One Big Switch (www.onebigswitch.com.au), whose collaborative newspaper campaign saw over 75,000 people switch electricity providers and achieve discounts on their electricity bills of up to 16%.

Green Money Mortgages' (www.greenmoneymortgages.com.au) program helps homeowners achieve significant savings on their mortgage rates and their energy bills at the same time.

The first in Australia to incorporate energy savings and energy generating products into their mortgage product, with Green Money Mortgages homeowners can potentially save up to 60% on their power bill, save hundreds of thousands of dollars in mortgage interest charges, and cut their mortgage term by 7 to 10 years.

"Our innovations include an online energy management system which connects the home's electrical appliances through WiFi and manages not only how much power each appliance uses, but also translates that power consumption into cash values," said Vine. "It is the first management tool that lets homeowners set and control the amount they are spending on their electricity bill."

"Add to this our Lithium Battery Backup System and homeowners with solar energy products can store and use their own generated power and not have to rely on government or electricity companies feeding tariffs," Vine said.

Green Money Mortgages offer a NO COST, NO OBLIGATION FAMILY ENERGY AND MORTGAGE SURVEY which allows Green Money Mortgages to develop individual programs for all homeowners, based on their current circumstances, the size of their family and their energy requirements.

--- ENDS ---

About Green Money Mortgages

GMM is an Australian incorporated private company and welcomes contact from media representatives.

Corporate website: www.greenmoneymortgages.com.au