Home Loans
Can we apply for a joint home loan?
Yes. All parties to a joint loan application will need to complete and sign the loan application including employment, assets and liability details as well as sign the loan contracts if approved. Rem…
What happens if I'm deployed and cannot sign loan documents?
If you wish to enter into a loan contract while you're deployed, you will need to registered Power of Attorney. Please seek your own legal advice on this.
Can I choose how often I make repayments?
Yes. You can choose the repayment frequency that best suits you - weekly, fortnightly or monthly repayments for all our home loans.
Which home loans offer an offset account?
The following home loans offer a 100% Mortgage Offset account: DHOAS Value Home Loan. DHOAS Standard Variable Home Loan. Value Home Loan. Standard Variable Home Loan. Investment Value Home Loan.
Can I make extra payments on my home loan?
Variable rate home loans: Yes you can make extra repayments with no penalty. Fixed rate home loans: You can only make an additional $10,000 of repayments in any 12-month period without a penalty.
Can I redraw money from my home loan?
Yes. If you’re ahead in your repayments, you have the option to redraw money (minimum of $500) when you need it. Fees may apply - refer to our Fees and Charges Schedule for more details.
Is there a penalty for paying out my fixed rate home loan early?
Break costs are payable if, during a fixed rate period: the whole of the loan to which a fixed rate applies is repaid. In this case, this fee is payable on the date of that repayment, or. any part of…
How can I find my current home loan interest rate?
You will be able to view your current home loan interest by viewing the account within digital banking.
How do I change my home loan repayment amount?
Direct Debit If you have set up a Direct Debit for your repayment, it will be set for the minimum repayment amount. You can pay extra by setting up a regular payment transfer from your Australian Mil…
How long do I have to build my home with a construction home loan?
The construction period is up to 2 years from the date of settlement for our construction home loans.
What happens with my construction home loan after my house is built?
Once construction on your home is completed, we'll work with you to revert your home loan to one of our other types of loans which suit your needs.
How do the progressive draw downs work for my construction home loan?
Progressive draw down allows you to pay the builder for the construction or renovation in 3 stages as the building work reaches each stage of completion. We will arrange a valuation to conduct progre…
