Your Questions Answered | Current Interest Rates

July 27, 2023

A contractor in Carlsbad asked: How do GoGreen Home lenders’ interest rates compare to current average market rates?

GoGreen Home: Great question! GoGreen Home partners with lenders to allow them to offer exceptional interest rates that are significantly lower than the national average rate for unsecured loans.

In fact, while the national average interest rate for unsecured loans is 12.2%, GoGreen Home lenders offer an average interest rate of 4.7%.* Remind your customers that homeowners and renters can finance projects up to $50K with interest rates ranging from 3.75% to 9.0% through participating GoGreen Home lenders. There are no closing costs or annual fees for any of our lenders, along with no collateral required and terms up to 15 years. Pre-approval verification is often completed within one business day .

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Reduced interest rates can mean boosted savings for your customers and increased deal flow for you, so be sure to refer to our GoGreen Home Lender Chart during your pitch to show customers current lender rates, terms and service areas.

*Findings are based on the Credit Union National Association April 2023 report and the GoGreen Home average interest rate, also in April 2023.