We created ING Green Upgrade Loan and Home Energy Helper to make creating an energy efficient home more affordable and easier for your ING Home Loan customers.
ING Green Upgrade Loan is a low-rate add-on loan split exclusive to existing ING Home Loan customers and those refinancing to ING, that helps them save more when making upgrades using Home Energy Helper.
For owner occupiers and investors making principal and interest repayments. Different comparison rates apply if the applicable variable rate following the expiry of the fixed interest period is an investor and/or interest only rate. Comparison rate: The comparison rate for the home loan is based on a loan amount of $150,000 over a loan term of 25 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Right now, if you help your customers make energy efficient home upgrades via the Home Energy Helper and either refinance or arrange for an ING Green Upgrade Loan split, you could also help them pocket some cash.
Customers who refinance a minimum of $350,000 to an ING Home Loan and complete eligible upgrades with Home Energy Helper by 31 December 2025 could get $1,500 cashback.
Click here for full T&Cs for the $1500 cashback.
Current ING Home Loan customers who complete eligible upgrades with Home Energy Helper and are approved for an ING Green Upgrade Loan split by 31 December 2025 could get $500 cashback.
Click here for full T&Cs for the $500 cashback.
Simply ensure your clients meets the eligibility criteria and clearly state in your submission notes if they're applying for the 'ING $500 Energy Cashback Offer' or 'ING $1,500 Energy Cashback Offer'.
To get the ball rolling on an ING Green Upgrade Loan split follow these 4 simple steps.
STEP 1
Get the customer to complete an online energy assessment on Home Energy Helper to obtain a preliminary quote.
STEP 2
Submit an ING Green Upgrade Loan application so we can assess the customer's eligibility and preliminary quote for conditional approval.
STEP 3
Have the customer use Home Energy Helper to engage an accredited installer for an official quote and book installation.
STEP 4
Provide the customers' final invoice once upgrades are complete so we can settle their loan and release the funds.
Created in collaboration with BOOM! Power, Home Energy Helper is a one-stop planning platform that takes the hard work out of making home energy upgrades.
Get a list of recommended upgrades customised to their budget and home
See an estimate of how much these upgrades could save off their energy bills
View available government subsidy schemes for energy upgrades
Find and request a quote from accredited installers in their area
Does your customer want to explore other upgrades or find their own installer?
The customer has an existing ING Home Loan balance of $150K or more at time of application
The customers' security property has a maximum value of $2.5M or less at time of application
the LVR of your customers' ING Home Loan is 80% or less once the Green Upgrade Loan is settled
your customer holds an active Orange Everyday in the same name as the ING Home Loan at the start of the Green Upgrade Loan application
It is for the purpose of funding the purchase and installation of one or more home energy upgrades on the security property for the existing ING Home Loan.
What's more your customer could combine Australia's current Small-scale Renewable Energy Scheme with the new Cheaper Home Batteries program that was recently launched, and they could save up to $6,500 on a typical 9kW solar system with a 13 kWh battery system.
So, get your customer to grab a quote now with Home Energy Helper (ing.com.au/heh) to see how much they could save on a more energy efficient home.
*The estimated rebate amount is based on a 13kWh battery and a 9kW solar system, both with an average market pricing of $37 per STC (which may vary).
ING Green Upgrade Loan is supported by the Clean Energy Finance Corporation (CEFC), an Australian Government-owned green bank set up to help finance Australia's clean energy transition to net zero emissions by 2050. The CEFC's $1 billion Household Energy Upgrades Fund provides discounted finance to consumers through a range of co-financiers to help increase housing sector sustainability.
Created in collaboration with BOOM! Power, Home Energy Helper is a one-stop planning platform that takes the hard work out of making home energy upgrades.
Get a list of recommended upgrades customised to their budget and home
See an estimate of how much these upgrades could save off their energy bills
View available government subsidy schemes for energy upgrades
Find and request a quote from accredited installers in their area