We are proud to have served the Defence Community for more than 60 years however, anyone is welcome to become a member at Australian Military Bank. We offer our members lifetime membership during which you can benefit from our great range of products and services.
Up to $1200 cashback
available on selected loans³⁴
with up to 90% lend of property value
with an Offset Account
Great features on our investment loans matched with great flexibility.
Cashback offers available on selected loans.
Principal and Interest
Principal and interest repayments
Minimum new borrowings $250,000
Split Option with other Australian Military Bank home loans
Borrow up to 90% of the property value
$1,000 when you take out an investment loan³, plus $200 when you purchase a new Landlords Residential Property insurance policy through us⁴
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.
¹The rate displayed is at 90% LVR (meaning a minimum of 10% deposit is required plus fees) and paying principal and interest repayments. Lender’s Mortgage Insurance (LMI) is required when borrowing in excess of 80% LVR. Further terms & conditions may apply from our Lenders Mortgage Insurance provider. The rate displayed is only available for new investment borrowings of $250,000 or more (excluding Construction Loans).
²The rate displayed is at 80% LVR (meaning that a minimum 20% deposit is required) and paying Interest Only repayments. The rate displayed is only available for new investment borrowings of $250,000 or more (excluding Construction Loans).
The 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.
³To be eligible for the $1,000 cashback offer on selected investment loans, the loan type must not allow interest only repayments. Applicants must borrow a minimum of $250,000 or more this offer, and the investment loan must be for a new loan to Australian Military Bank, for a property not currently held as security by Australian Military Bank. Applicants are eligible for a single $1,000 cashback. For loans with multiple parties, only a single $1,000 cashback will apply to this loan. The cashback will be paid to an Australian Military Bank transaction account held in the name of the borrower(s) within 30 days of settlement. The Loan must be funded by 30 June 2021, and applied for on or after 19 March 2021. Maximum cashback is $1,000. We may withdraw this offer at any time.
⁴A $200 cashback offer is available when you purchase a new Landlords Residential Property insurance policy through Australian Military Bank with a policy start date on or after 19 March 2021 and before 30 June 2021. Only one cashback offer is available per eligible policy. Where an eligible home loan or policy has more than one applicant and one applicant receives the cashback, all applicants are deemed to have received the cashback. The cashback will be paid once the policy holder has paid for the policy in full or made their first direct debit and the cooling-off period has elapsed. Maximum cashback amount is $200. This offer is not available in conjunction with any other offer and is subject to underwriting T&Cs and acceptance criteria. We reserve the right to withdraw this offer at any time.
Insurance Issued by Insurance Australia Limited ABN 11 000 016 722 (IAL) trading as CGU of 181 William St, Melbourne, VIC, 3000. Australian Military Bank Ltd ABN 48 087 649 741 AFSL and Australian Credit Licence Number 237 988 of Level 18, 45 Clarence Street, Sydney NSW 2000 acts under an agreement with IAL. Any advice is general advice only and does not take into account your individual objectives, financial situation or needs (“your personal circumstances”). Before using this advice to decide whether to purchase the insurance policy, you should consider your personal circumstances and the relevant Product Disclosure Statement available in branch or at https://www.australianmilitarybank.com.au/insurance.