Defence Service Home Loans

The Defence Service Home Loan is available to eligible veterans, war widows and widowers.

Persons whose first service in the Defence force began on or after 15 May 1985 are not eligible for a DSH loan unless they were allocated for service in Namibia.  Housing loan assistance for persons whose first service began on or after 15 May 1985 is provided through the Defence Housing Authority (DHA).  DHA can be contacted on 1800 802 763 or visit their web site at  

The maximum amount you can borrow for your first loan is $25,000 but the actual amount you can obtain depends on various factors, including the ability to meet instalments and other commitments. 

Interest is capped at 6.85% pa, but is variable each month at a rate 1.5% below the average market rate while the average market rate is below 8.35% pa.  WESTPAC Banking Corporation (Bank of Melbourne in Victoria and Challenge Bank in Western Australia) is contracted to provide the subsidised housing loans.

For further information on the Defence Service Home Loan, including eligibility, contact your nearest DVA office or visit their web site at and look up fact sheet HAC 01

The Vietnam Veterans Association of Australia can assist any veteran of any conflict, their widow/er's and children by providing advice and assistance in regard to all pensions matters.  Simply contact your nearest sub-branch.


Back to homepage Back to homepage Back to homepage