If you’re looking for a competitive home loan, then consider applying with the trusted Australian Military Bank.
On this page you can find information about Australian Military Bank home loans. Skip ahead to the full table of products or read more about the lender.
Australian Military Bank's lowest rate for...
- Home buyers. The Australian Military Bank Rate Saver Home Loan - 150K+ LVR 80% (Owner Occupier, P&I) has a 3.65% p.a. interest rate and lets you borrow up to 80%.
- Investors. Australian Military Bank Rate Saver Home Loan - 150K+ LVR 80% (Investor, P&I) has a 3.99% p.a. interest rate and lets you borrow up to 80%.
Compare Australian Military Bank home loans
Compare Australian Military Bank home loan products below and hit "load more" to see a fuller selection of loans. "Go to site" will direct you to Australian Military Bank's website for the product you selected.
Australian Military Bank lender profile
- Established in 1959, the Australian Military Bank is the longest-serving Defence financial institution in Australia. It is dedicated to helping Australian defence personnel.
- With over 48,000 members and 30 branches at major defence bases in Australia, the Australian Military Bank provides its members with access to more than 3,400 ATMS Australia-wide thanks to its affiliation with National Australia Bank (NAB) and rediATM network.
- Australian Military Bank offers a range of mortgage products including Defence Home Ownership Assistance Scheme (DHOAS) and investment home loans.
How do I apply for a Australian Military Bank mortgage?
Clicking "Go to Site" on Australian Military Bank's comparison table will start your application process and redirect you through to Australian Military Bank's website.
Eligibility
Each Australian Military Bank product have specific eligibility criteria but some will apply to all products. For example:
- Age. You must be over 18 years of age.
- Residency. You should be a resident of Australia.
- Employment. You should have a regular source of income.
Documents required
When you apply for a mortgage with Australian Military Bank you are required to provide certain information so make sure you have all your documents ready before you apply. The documents you will be expected to provide are:
- Identification documents. You will need identification such as a driver's license, passport or birth certificate.
- Proof of income documents. Recent payslips can establish your income.
- Asset and liability documents. You need to provide documents showing your current assets (savings accounts, investments) and liabilities (your outstanding debt).
Detailed guide to home loan applications and paperwork
Looking for more mortgage options?
- Online lenders. Compare more mortgages from online lenders.
- Big Four banks. Check out home loan rates from Australia's Big Four banks.
- Investors. Compare loans for property investors.
- Mortgage brokers. Find out how to get free, expert guidance from a mortgage broker.
Is Australian Military Bank covered by the government $250.000 guarantee, as I am considering them for my savings.
Regards
Niels
Hi Niels,
thanks for the question.
Australian Military Bank is covered by the government guarantee on the following accounts:
– Savings accounts: 100% Mortgage Offset, Access, Junior Access, Star Saver Direct, Online Saver, Cash Management, Recruit Salary Saver, Mess Account and Christmas Club.
– All term deposits
– Retirement accounts: DIY Super Saver, Deeming Access, Capital Guaranteed Super and Capital Guaranteed Pension.
I hope this helps,
Marc.