Home Loans for Defence Personnel
Defence lending is genuinely different from almost every other profession.
Unlike most occupations, Defence Force personnel have access to a government-backed assistance program and a dedicated military bank. This creates lending opportunities that many civilian borrowers simply don’t have.
At Awesome Lending Solutions, we help current serving members, veterans, reservists and Defence families navigate these opportunities and build lending strategies tailored to military life.
DHOAS: The Major Defence Advantage
The Defence Home Ownership Assistance Scheme (DHOAS) is one of the most significant benefits available to eligible Australian Defence Force members.
The scheme provides a monthly subsidy that helps reduce the cost of holding an eligible home loan.
For many members, DHOAS can significantly improve affordability and create long-term savings.
Australian Military Bank
Australian Military Bank provides specialist lending options specifically for Defence personnel and is one of the key DHOAS providers available through brokers.
Benefits may include:
- DHOAS-compatible lending
- Up to 98% LVR including LMI
- Recognition of Defence income
- Tailored military servicing policies
Defence Force Home Loans
Lenders increasingly recognise the stability of military employment.
This can provide Defence personnel with access to:
- Competitive rates
- Flexible servicing
- Defence-specific policies
- Income recognition benefits
No LMI Options for Defence Personnel
Some lenders provide:
- Up to 90% LVR
- No LMI
- Special rates for Defence personnel
These policies can reduce upfront costs considerably.
Defence Income Assessment
One of the most important areas of Defence lending is understanding military income.
Certain lenders can recognise:
- Overtime
- Shift allowances
- Defence income supplements
- DFRDB income
- Commonwealth Super income
- DVA pensions
However, not every allowance is acceptable.
Understanding which allowances count and which don’t can make a major difference to borrowing capacity.
Reservists and Veterans
Many defence-focused lending solutions also cater to:
- Reservists
- Veterans
- Ex-serving members
- Defence families
This creates flexibility both during and after military service.
Why Defence Members Choose Awesome Lending Solutions
Military careers come with unique challenges including relocations, deployments and complex income structures.
We understand these challenges and work with lenders that understand Defence personnel.
Our role is to simplify the process, explain your options clearly and help structure your lending for long-term success.
Frequently Asked Questions
What is DHOAS?
Can Defence personnel get no LMI home loans?
Can reservists apply for home loans?
Can veterans qualify for Defence lending?
Are Defence allowances included as income?
Can DVA pensions be used for servicing?
Can Defence members buy investment properties?
How much can Defence personnel borrow?
Can serving members refinance?
Why use a Defence-experienced mortgage broker?
Frequently Asked Questions