ADF veterans and members taking advantage of the expanded DHOAS eligibility changes.

The journey to homeownership can be challenging, but help is at hand for those who have dedicated their lives to serving our country.

It’s been 12 months since the Federal Government introduced changes to the Defence Home Ownership Assistance Scheme (DHOAS) eligibility criteria, which has seen many current and former ADF members now able to access this scheme and pay off their home loans quicker.

Let’s look back at the changes.

Removing the time cap for veterans in the DHOAS.

At the heart of this groundbreaking $46.2 million expansion of the DHOAS is the removal of the five-year access cap for veterans to access their one final DHOAS certificate. This means that veterans who served after 1 July 2008 can access the scheme at any point post-service, regardless of their years since leaving the service. This significant change acknowledges that the journey doesn't end with ADF service and that the support continues long after.

Take the instance of a veteran who completed eight years of effective service and separated from the ADF seven years ago. Previously, they would have been unable to access DHOAS due to the post-separation timeframe. However, with the removal of this cap, and assuming all eligibility criteria are met, and they may now be eligible for a monthly subsidy payment of up $1,073*.

Enhanced accessibility for Defence personnel.

Another cornerstone of the expanded DHOAS is the enhanced accessibility it offers to ADF members earlier in their careers. By reducing the minimum service required, current Defence personnel may find themselves eligible for DHOAS after just two years, down from four years of effective service for permanent service and four years for Reserve service. Previously, Reservists needed to wait eight years to be eligible for DHOAS^.

For example, a current ADF member with two years of effective service may now be eligible for a DHOAS monthly subsidy of up to $536* providing substantial relief as they take steps towards homeownership.

Like to learn more?

Chat with one of our friendly lenders about our DHOAS home loan options by booking a virtual appointment through our website, calling 1800 033 139 or dropping into a branch. For all other DHOAS questions including eligibility get in contact with the Department of Veteran Affairs by calling 1300 434 627 or vising their website for more information.

Find out more about DHOAS.


*Estimated monthly subsidy values based on the January 2024 median interest rate. These monthly subsidy values fluctuate based on changes in the median interest rate.

^Visit for the full DHOAS eligibility criteria.


Important note: This information is of a general nature and is not intended to be relied on by you as advice in any particular matter. You should contact us at Defence Bank to discuss how this information may apply to your circumstances.

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