---
title: "Ultimate Essentials DHOAS Construction (OO) — Defence Bank"
description: "Home Loans from Defence Bank. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/defence-bank/products/807
source: "CDR Compare"
language: en-AU
last_updated: 2026-05-20T00:00:00.000+10:00
---

# Ultimate Essentials DHOAS Construction (OO) — Defence Bank

> Home Loans from Defence Bank. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Home Loans · Defence Bank Limited**

The cream of the crop when it comes to our range of home loans on offer.

## At a glance

- **From (owner occupied):** 6.69% (6.79% comparison)

## Apply

Applications are handled by the provider: [Apply at Defence Bank](https://secure.defencebank.com.au/internetlending/public/start.aspx)

## Interest rates

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable (DHOAS Construction over $750k. (OO)) | 6.69% | 6.79% | — |
| Variable (DHOAS Construction $250k - $750k. (OO)) | 6.74% | 6.83% | — |
| Variable (DHOAS Construction under $250k (OO)) | 6.79% | 6.88% | — |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Arrears reminder notice fee (per letter) — Payable each time we send you a reminder notice relating to arrears on a loan | Event | $20.00 |
| Ultimate Package Annual Fee — Charged yearly · Payable initially upon settlement of the property and then annually on the anniversary of the date on which the first annual package fee was paid when the loan is linked to the Ultimate Package. | Ongoing | $96.00 |
| Default notice (enforcement notice) — Payable each time we send you a reminder notice relating to a default on a loan | Event | $20.00 |

## Features

- **No application or establishment fees.**
- **No monthly fees.**
- **Loan Portability**
- **Australia-based Contact Centre** — Australia-based Contact Centre team who understand the unique challenges and opportunities of being in the defence community
- **Card access** — Speak with a home loan consultant today to discuss your options (Home Loan Consultants)
- **Extra repayments** (No fees for extra repayments.)
- **Offset account** (100% mortgage offset account.)
- **Discounts on other products** — No annual fee on our low rate credit card - $22.50 donation to the Defence Bank Foundation still applies. (Credit Card)
- **Discounts on other products** — No application fee on personal loans. (Personal Loans.)
- **Bonus rewards** — 0.15% p.a. bonus rate on term deposits. (Term Deposits)
- **Digital banking** (Quick and easy online application.)
- **DHOAS home loan compatible.** — You must meet Defence Home Ownership Assistance Scheme eligibility criteria.
- **Split loan facility**
- **Discounts on other products** — 15% discount on selected CGU home, contents and landlord insurance. (Insurance.)
- **Australian Government 5% Deposit Scheme** — To access the Scheme, you need to meet borrower eligibility criteria.

## Eligibility

- **Residency status** (Australian residents only.)
- **Minimum age** (18)
- **Lending criteria.** — Individuals must have capacity.
- **Maximum of 2 Borrowers**
- **Purpose** — Construction or major renovations to owner occupied property.
- **Employment status** — You must meet Defence Home Ownership Assistance Scheme eligibility criteria. (DHOAS home loan compatible.)

## Constraints

- **Maximum LVR** — 95%

## More information from Defence Bank

- [Overview](https://www.defencebank.com.au/banking/home-loans/)
- [Terms & conditions](https://www.defencebank.com.au/banking/home-loans/essentials-home-loan-with-ultimate-package/)
- [Eligibility](https://www.defencebank.com.au/banking/home-loans/essentials-home-loan-with-ultimate-package/)
- [Fees & pricing](https://www.defencebank.com.au/banking/home-loans/essentials-home-loan-with-ultimate-package/)

## Data provenance

- Published by Defence Bank under the Consumer Data Right
- Product ID: `807`
- Last updated by the provider: 19 May 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/defence-bank/807
- Provider page: https://www.cdrcompare.au/brands/defence-bank
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000117

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/defence-bank/products/807) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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