Call us
1800 752 349
Apply Online

RSL Home Loan Offer

DHOAS (Defence Home Ownership Assistance Scheme) Criteria has expanded
Did you know changes to DHOAS* have made it easier for veterans to get access to the Scheme? and by making higher tier subsidy amounts easier to access, it’s worthwhile assessing if you could be eligible for DHOAS, and what your benefit might be. 

RSL Money is a joint initiative between the Returned & Services League of Australia (RSL) and Australian Military Bank. It is Australia’s only range of banking products that help support the sustained growth of the RSL movement. We have partnered together to provide a range of low cost, high value banking products that can make a real difference to the RSL and greater Defence community.


Our offer to RSL Sub Branches and their members:

%

 0.20% off the carded home loan interest rates (variable or fixed)

 $500 donation to your RSL Sub Branch*


Our home loan range

With a wide range of home Loans available, you'll have the flexibility to choose the loan type and repayment frequency to suit your budget.

Our home loans are available for purchasing a home, refinancing, construction or investment.


RateSaver Home Loan

Our simple vanilla loan with a super-low rate.

interest rate

comparison rate¹

No monthly fees | DHOAS compatible | Unlimited additional repayments

Start application

Time: 2 mins

Tell us some quick details and we’ll get a lending specialist to call you

Start application

Why choose an Australian Military Bank Home Loan?

DHOAS subsidy*available for eligible ADF and Ex ADF members

Loans available for purchasing a home or refinancing

No monthly or annual fees

Split Option with other home loans

"Thanks to the staff in the Direct Contact Centre, you have made the loan process fun and easy. You're the reason that I keep banking with Australian Military Bank."

Craig, WA - member since 2001

Here's what you'll need to apply

Facts and Fees

A bank statement showing your everyday transactions over the last three (3) months.

Monthly fee $0
Annual fee $0
Minimum Loan Value $150,000
Maximum Loan Term 30 years
Mortgage discharge fee $120
Lenders Mortgage Insurance (LMI) Payable for loans with a deposit of less than 20%
3rd party charges Stamp duty, legal fees and valuation fees apply
Additional fees may be payable. For more information please see our Schedule of Fees and Charges.

Your latest payslip.

For online applications you'll need two forms of ID (e.g. Drivers Licence, Passport, Medicare Card)

Apply

Start your application here

Please tell us as much as you can about your needs

By submitting this form, I acknowledge that I have read Australian Military Bank’s Privacy Collection Notice and understand Australian Military Bank may use my personal information as outlined in the notice.

We will talk to you first before we conduct a credit check

Applications are subject to the banks normal lending criteria. Fees charges and lending criteria apply and will be included with our loan offer. A Financial Services Guide (FSG) is available at all Branches, on our website and upon request. For more information on interest only comparison rates, please contact the bank.

By submitting this application, you acknowledge and agree that Australian Military Bank may collect and use your personal information, and may contact you, for the purposes of assisting you with a home loan application. Our Privacy Policy tells you how we use your information, what credit reporting bodies we use and how to access your credit information. Please view our Privacy Policy here

The Target Market Determinations (TMD) for our products are available here

^Donation only available to those with an eligible RSL Money Sub Branch account

Applications are subject the banks normal lending criteria. Fees charges and lending criteria apply and will be included with our loan offer. A Financial Services Guide (FSG) is available at all Branches, on our website and upon request. For more information on interest only comparison rates, please contact the bank.

¹The comparison rate is based on a loan of $150,000 over a 25 year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other amounts might result in a different comparison rate. Unless stated, all comparison rates are based on principal and interest repayments.

*Australian Military Bank is unable to confirm your eligibility for some schemes and entitlements (such as DHOAS, HPAS and HPSEA). For full DHOAS eligibility criteria visit dhoas.gov.au or call 1300 434 627.

We recommend you read our Financial Services Guide (FSG) which is available on the internet, or by visiting one of our branches, before making a decision if this product is right for you. Any advice does not take into account your personal needs and financial circumstances. Fees, charges and eligibility criteria apply.

The Target Market Determinations (TMD) for our products are available on our website australianmilitarybank.com.au

We're here to help

1300 13 23 28

© Australian Military Bank 2025

Australian Military Bank Ltd ABN 48 087 649 741
AFSL and Australian Credit Licence Number 237 988.

Rates
Products
Disclosure Documents

Forms
Privacy