DEFENCE LOANS WITHOUT THE RED TAPE
Access flexible loans from 30+ lenders built for military life
Military life doesn’t follow a standard schedule, and your loan process shouldn’t either. Whether you’re posted, deployed, or planning your next step, you need options that move at your pace. With access to over 30 lenders and tailored defence solutions like DHOAS, car loans, and personal finance, Defence Finance will help you get what you need without the usual hassle.
A reliable defence mortgage broker can simplify the loan process for you
When you’re in the defence force, time isn’t always on your side. Long shifts, last-minute changes, and deployments can make it hard to sit down and go through all the loan options. But missing out on a better rate or more flexible terms shouldn’t be the result of a packed schedule.
With the right support from a reliable defence mortgage broker, loan comparisons and paperwork don’t have to eat up your day. The details can be broken down clearly, with options laid out simply, so decisions are easier to make even when life’s moving fast. That means less stress, more clarity, and loans that suit your life.
Discover the types of defence loans available for you
Defence Home Loans
A defence home loan can help you purchase a home for you and your family, making the most of your Defence Home Ownership Assistance Scheme (DHOAS) benefits. If owning your own home is on your horizon, you might want to explore this option. Easily compare and decide with our help.
Car Loans
Maybe it’s time to upgrade your vehicle or buy your first car. A car loan can make that process easier, providing competitive rates tailored to defence force members. If you need a new ride, our team can show you competitive choices, so you can find the right one for you.
Personal Loans
Sometimes, life throws us unexpected curveballs, or maybe there’s a personal project you’re passionate about. Defence personal loans offer flexible repayment terms and can be used for a variety of purposes. If you’re in need of funds for personal use, this could be your solution.
Defence Home Loan Refinancing
Do you feel like you’re not getting a good deal on your current loan? Defence loan refinancing can help you secure a lower interest rate or more favourable terms. If you’re interested in saving money in the long run, this might be worth exploring. Experience financial freedom with smarter choices.
Let your defence broker help you handle your credit score hurdles
A number shouldn’t decide everything about you. Yet many lenders rely only on your credit score to approve or deny you. If yours isn’t perfect, doors start closing fast, even if you’ve been doing your best. One missed bill from months ago can follow you around like it defines you. That’s not fair, especially when you’ve got a steady income and responsibilities most people couldn’t handle.
A broker can help you explore defence loan options that take the full picture into account. Defence loans are designed to look at where you are now, rather than your credit report. That means having the chance to access finance that suits your needs without being shut out for things that no longer reflect who you are.
Not sure if you’re eligible for a defence loan?
It’s common for ADF members to miss out on home loan benefits simply because no one told them they qualify. With the right info, it’s easy to check your eligibility and start moving forward with confidence.
Recently served in the ADF
You don’t need to be actively serving. If you’ve served in the last five years, you may still meet the criteria for ADF home loan benefits. A quick check can confirm it.
Time served requirement
To apply, you’ll need to meet a set period of ADF service. In some cases, time spent on foreign service may count too. Eligibility depends on your specific record.
Service credit explained
After meeting the minimum time served, you start earning service credit. This will reduce your loan costs through ongoing subsidy payments.
Continued ADF commitments
In most cases, you’ll need to continue serving for at least 12 more months. If you're planning to stay in, this could make you eligible.
First year in your property
You're expected to live in the home for the first 12 months. If you're posted before that, the loan terms can adjust, so you're not penalised for service changes.
Why ADF families trust us with home loan assistance
4 easy steps to apply for a defence loan with the support of a trusted broker
Tell us about your situation
Fill out a short form about your role in defence and what you’re looking for. It only takes a minute, and there's no pressure or commitment.
See loans built around your pay cycle
You’ll be shown loan offers that take your defence income into account. Every option is upfront, flexible, and easy to understand.
Apply online without the hassle
No long forms or phone calls. Fill out everything online in minutes, so there’s no need to explain your pay cycle or contract setup.
Get your money fast
Once approved, the money goes straight into your bank account. You don’t have to wait, so you can handle what matters.
Fill out the form below and discover how a broker can help find the right defence loan for you.
If you’re working in defence and need funds fast, this is made for you. Whether it’s bills stacking up, moving costs, or just getting through until payday, you shouldn’t have to jump through hoops. Fill out the form below to connect with a broker who understands defence service and can help you find a suitable loan option, without the runaround.
Your details are handled securely and confidentially, and submitting the form will not affect your credit score.
- Find out what you could borrow without affecting your credit score, with no obligation and zero commitment
- Advice that makes sense because everything is designed specifically for people in defence
- See your loan options with clear terms. No fine print and no hidden charges
- Flexible repayments that fit around your defence pay cycle and allowances
Ready to take control of your next move? This call gives you clear guidance on your options. Fill out the form below and speak with someone who understands defence service and can support you through the next step, securely and professionally.
Common questions we get asked about defence loans
What is a defence loan and how does it work?
A defence loan is made for people in the Australian Defence Force, including veterans. It’s like a regular loan, but it’s shaped to suit the way military life works. That means it can be easier to apply for and more flexible when it comes to how you pay it back.
Compared to a standard personal loan, a defence loan may offer better rates, longer repayment times, and more understanding if your income changes or you’re posted somewhere new. Whether you need a home loan, a car loan, or something else, a defence loan is often a better fit for the way service members live and work.
Why should I choose defence loan over a standard loan?
Standard loans don’t always work well for defence members. Things like deployments, relocations, or changes in income can make it harder to get approved or find a fair deal. Defence loans are different. They’re designed to understand how service life works and what kind of support you might need.
You may get access to better rates, more flexible terms, and support from lenders who know what defence pay looks like. You might also qualify for extra benefits through programs like DHOAS. In short, a defence loan gives you more options and less stress when it comes to borrowing.
Can I still get a defence loan if my credit score isn’t great?
Yes, having a low credit score doesn’t always mean you’ll be turned down. A lot of lenders who offer defence loans understand that life in the military or defence work can come with ups and downs, especially when it comes to money. They may look at more than just your credit score. Things like steady income from your service, how long you’ve been working in defence, and even your living situation might be taken into account.
If you’ve been knocked back before, don’t feel embarrassed. Many people in similar roles have had the same experience. What matters is finding a lender who understands your job and sees you as more than a number.
It helps to check if the lender does a “soft credit check” first. That means they’ll take a quick look without hurting your credit score. You can also improve your chances by being honest on your application and only borrowing what you need. And remember: if you’re not sure, ask questions first. A good lender won’t rush or pressure you.
How fast can I get the money?
Most defence loans are designed to be quick, because lenders know you might need the cash urgently. If everything goes smoothly, some loans can be approved and paid out within 24 to 48 hours. This depends on your details and how quickly you respond to any requests for extra info.
To speed things up, try to have your paperwork ready. This could include proof of identity, recent payslips, or bank statements. If you get paid through the defence force or work under contract, make sure you can show that clearly. The quicker you send these in, the faster things usually move.
Online applications are often faster than going into a branch or doing things over the phone. Just make sure the site is secure (look for the padlock icon in your browser) and read all terms carefully.
If something feels off or too pushy, trust your gut. Fast money shouldn’t mean dodgy deals. Take a breath, check everything twice, and don’t be afraid to ask about how long the process takes before signing anything.
Will applying hurt my credit score?
That depends on how the lender checks your details. There are two kinds of credit checks: soft and hard. A soft check is like a quick peek. It doesn’t leave a mark and won’t affect your credit score. Some lenders use this when giving you a quote or letting you see if you might qualify.
A hard check is deeper and shows up on your credit file. Too many of these in a short time can lower your score. So, it’s smart to ask the lender upfront which one they use.
If you’re worried about your credit, go slow. Don’t apply for lots of loans at once. That sends up red flags. Instead, find a lender who understands defence jobs and pay cycles. These types of lenders might offer fairer options that don’t rely so much on your credit score alone.
You can also check your own credit report for free once a year. It helps to know where you stand before applying. Remember, asking questions doesn’t cost anything. It could save you stress later on.
Are defence loans safe and legit?
It’s smart to be cautious. There are scams out there. But yes, there are real, trustworthy defence loan providers who focus on helping people in the military and defence workforce. The key is knowing what to look for.
First, check if the lender is registered with ASIC (Australian Securities and Investments Commission). You can do this online. Legit lenders must follow rules and treat borrowers fairly.
Second, avoid places that promise “guaranteed approval” without checking your details. No proper lender will offer a loan without looking at your ability to repay.
Third, look for clear info about fees, interest rates, and repayments. If a website hides this or uses confusing words, walk away. Trustworthy lenders explain things in plain language.
Finally, never give out personal info unless you’re sure the site is secure. Look for “https” in the web address and the little lock icon near the URL. If something feels rushed or off, trust your instincts. You deserve peace of mind when borrowing.
What happens if I miss a repayment?
Missing a repayment can happen, especially when unexpected costs pop up. Life in the defence force or security jobs can throw curveballs, such as last-minute moves, family changes, or sudden expenses.
If you think you’ll miss a payment, act early. Contact the lender as soon as possible. Many lenders are willing to help you set up a new plan or pause payments for a short time. Ignoring it makes things worse, as late fees and interest can pile up fast.
Check if your loan came with hardship support. Some lenders include it but don’t shout about it. It’s worth reading the fine print before you borrow or ask directly.
Also, missing too many payments could hurt your credit score, making future borrowing harder. But one slip-up doesn’t ruin everything. The most important thing is being open and dealing with it head-on.
And here’s a tip: when choosing a defence loan, pick one with flexible repayments. Try to match your pay cycle and avoid high-pressure setups. A little planning now can save a lot of stress later.
Why do defence loans exist anyway?
Defence loans are built around the unique needs of people in the military or working in defence-related fields. Your job often comes with different pay schedules, deployments, or contracts. Regular lenders might not understand this. Defence loans aim to fill that gap.
They often offer more flexible terms and easier approvals based on the fact that defence jobs are stable and reliable, even if your credit isn’t perfect. Lenders offering these loans know that someone serving their country should be treated fairly, not judged only by a number on a screen.
Sometimes, standard banks don’t “get” the way your income works or why you need money fast. Maybe you’re posted suddenly or covering costs while waiting for allowances to kick in. Defence loans are meant to be faster, simpler, and more in tune with your reality.
They’re not a handout. They’re a tool to help you bridge gaps or handle life’s bumps without feeling like you’re begging. That’s why they exist: to give you access to funds when you need them, without jumping through endless hoops.
What should I watch out for when choosing a defence loan?
Not all loans are created equal, even if they say “defence loan” on the label. Some may sound good at first, but end up costing more than expected. Here’s what to keep an eye on:
- Interest rate — Make sure you know if it’s fixed or variable. Fixed means it stays the same; variable means it could go up.
- Fees — Watch for hidden charges like setup costs, monthly fees, or early exit fees.
- Repayment terms — Can you match payments to your defence pay cycle? Weekly, fortnightly, or monthly?
- Flexibility — Life in defence can change fast. Can you change dates or amounts if needed?
- Total cost — Don’t just look at the amount borrowed. Look at how much you’ll repay overall.
Also, steer clear of sites that seem too pushy, promise instant cash with no checks, or don’t explain things clearly. A good loan doesn’t rush you. It gives you room to ask questions and think things over.
Read reviews or talk to mates who’ve borrowed before. Their advice can help you avoid costly mistakes.
Do I have to talk to someone on the phone to apply?
No, not always. Many defence loans can be done completely online, from checking your rate to sending in your documents and getting the money. This can be handy if you’re deployed, working odd hours, or just don’t want to speak to someone about your finances.
Some people feel awkward talking about money, especially when they’re already stressed or embarrassed. Being able to sort things out online lets you stay in control and do it privately, on your own time.
Still, if you have questions or run into problems, it’s nice to know there’s someone you can contact if you choose to. Look for lenders who offer both easy online steps plus support when you need it.
Before entering your details, check that the website looks trustworthy and secure. Real companies will have contact info, privacy policies, and explain what happens next. Stay away from sites that pressure you or skip over the important stuff.
I'm nervous after being rejected before. What can I do differently this time?
Getting turned down for a loan can really knock your confidence. But it doesn’t mean you’ll always get a “no”. Sometimes, it’s just about timing, paperwork, or applying with the wrong lender.
Start by finding out why you were rejected last time. Was it your credit score? Income? Something missing from your form? If you don’t know, ask. Knowing the reason helps you fix it.
Next, check your credit report. You can get a free copy once a year. Look for errors or unpaid bills that you didn’t know about. Fixing those could improve your chances.
When applying again, go with a lender who understands defence work. They may look at your job stability or other factors, not just your credit score. Also, apply for an amount you can afford.
And finally, breathe. Everyone needs help sometimes. Asking for a loan doesn’t make you weak. It means you’re taking charge. Just take it step by step, learn from the past, and keep moving forward.
How do repayments work, and can I make them match my pay cycle?
Good question. One of the best things about many defence loans is that they can line up with your pay schedule. Whether you get paid weekly, fortnightly, or monthly, many lenders let you pick a repayment plan that fits.
This makes things easier to manage and helps you avoid missed payments. If your income comes through the defence payroll system or government contracts, it’s even more important to keep things simple and synced.
Always double-check the terms before signing anything. Ask yourself these questions:
- Can I choose my repayment day?
- What happens if payday falls on a weekend or public holiday?
- Is there a fee if I pay early or extra?
Also, look for lenders who allow automatic direct debits. That way, you don’t have to worry about forgetting. It comes straight out on the date you choose.
Life in defence can be unpredictable, so flexibility matters. A good repayment plan shouldn’t leave you broke before payday. Pick something realistic and speak up if your situation changes. It’s better to adjust early than fall behind.
