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.

You need to have at least 5% genuine savings plus enough funds to cover fees and charges.

Where you have less than a 20% deposit, lenders mortgage insurance (LMI) or, if you are eligible, a First Home Loan Deposit Scheme Guarantee will be required. It’s best to talk to a home loan consultant to find out more.

Look at our home loan options.

The Defence Home Ownership Assistance Scheme (DHOAS) assists current and former Australian Defence Force (ADF) members and their families to achieve homeownership.

DHOAS is administered by the Department of Veterans' Affairs (DVA) on behalf of the Department of Defence.

DHOAS provides eligible current and former serving members of the Permanent Force and the Reserves with a subsidy on the interest of their home loans.

The subsidy is paid monthly, directly into a DHOAS home loan. The amount of subsidy you receive depends on your subsidy tier level and the balance of your home loan up to your subsidised loan limit. 

To learn more about Defence Bank DHOAS home loans click here

To find out more about DHOAS and your eligibility click here

Yes, we are one of the financial institutions who are able to offer this scheme to our members. To check your eligibility, visit the National Housing Finance and Investment Corporation (NHFIC) website.
Check if you’re eligible.

Let's talk.

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