A sun-drenched new build home living room

Just built. Just for you.

A sun-drenched new build home living room

Whether you’re looking to build your new family home or an addition to your portfolio, building your own brings with it flexibility in design, location and the financial set up that gets you there.

Speak with a home loan consultant today to discuss your options.

Find a home loan consultant.

Tailor-made construction home loans.

There’s a loan ready-made for building a home from Defence Bank in the form of our construction, or interest-only home loans. Available with our Essentials or Essentials with Ultimate Package options, you’ll only pay the interest on the loan during the construction phase, up to a maximum of 12 months.

View our Essentials with Ultimate Package home loan.

This puts you in a stronger financial position during the challenging building period, while also offering the added features of our Essentials home loans including a competitive low rate, offset account and free redraw facility. If you’re part of the ADF family, these loans are also DHOAS compatible.

Frequently asked questions.

With variable interest rates, your repayment amount may increase or decrease in line with changing interest rates. With a fixed interest rate, you have the certainty of both the interest rate and repayment amount staying the same for the fixed period.

You’ll generally need at least 5% in genuine savings, plus enough to cover fees and charges.

If your deposit is less than 20%, Lenders Mortgage Insurance (LMI) may apply.

If you're a first home buyer, you might be eligible for the Australian Government 5% Deposit Scheme, which allows you to buy with a 5% deposit without paying LMI.

Speak to your local Member Relationship Specialist or Mobile Lender to find out more about your options.

Look at our home loan options.

Eligibility for a DHOAS certificate is organised directly through the Department of Veteran Affairs (DVA). Once you have your DHOAS certificate, our lenders can help find the best product for you.

Talk to a lender to find out more.