What Is DHOAS?

A Simple Guide to the Defence Home Ownership Assistance Scheme

If you’re serving — or have served — in the Australian Defence Force (ADF, Navy, Army or Air Force), you may be eligible for DHOAS, the Defence Home Ownership Assistance Scheme. It’s a benefit designed to help current and former ADF members and their families get into the property market sooner, with financial support from the government.

At AMI Home Loans, we’re proud to assist Defence members in accessing their DHOAS entitlements and navigating the home loan process with confidence. Here’s what you need to know:

What Is DHOAS?

DHOAS is a government-backed scheme that helps eligible ADF personnel and veterans buy their own home. It works by providing monthly subsidy payments toward the interest on your home loan, reducing the amount you need to pay out of pocket.

Think of it as home loan assistance for your service — one that continues to support you even after you've left the Defence Force.

How Does DHOAS Work?

The scheme pays a monthly subsidy directly to your participating lender, based on:

• Your service history

• The loan amount

• The current ADF median interest rate (updated quarterly)

The longer you’ve served, the larger your entitlement — and the longer you can receive the benefit. You can use it for:

• Buying an established home

• Building a new home

• Refinancing an existing loan (if switching to a DHOAS loan)

Which Lenders Offer DHOAS Loans?

Only a few lenders are approved under the scheme, and each has its own products, interest rates, and loan conditions. We’ll help you compare your options and find the right DHOAS loan to suit your needs.

Who Is Eligible?

Generally, you may be eligible if:

• You’ve completed a qualifying period of service

• You’re an active ADF member or separated under honourable conditions

• You’ve not already used your full DHOAS entitlement

• For full eligibility criteria, visit https://www.dhoas.gov.au/

Can I Use DHOAS With My Partner?

Yes, as long as the loan is in your name and you're living in the home. In most cases, your spouse or partner can be included on the loan application too.

How We Help at AMI Home Loans

We work with current and former ADF members across Australia to:

• Explain DHOAS entitlements in plain English

• Compare participating lender options

• Handle the paperwork and application process

• Structure your loan so you get the maximum benefit

And remember — our service is completely free. We’re paid by the lender when your loan settles.

Starting your home ownership journey?

Buying your first home is exciting — but it can also feel overwhelming. From saving your deposit to choosing the right loan, there’s a lot to think about. At AMI Home Loans, we specialise in helping first home buyers navigate the process with clarity and confidence.

Here are our top tips for making your first home purchase as smooth and successful as possible:

1. Know Your Budget (And Stick to It)

Before you fall in love with a property, get a clear understanding of how much you can borrow — and what repayments will look like. A good broker (like us!) will help you work out a realistic borrowing range based on your income, expenses, and goals.

2. Get Pre-Approval Early

Loan pre-approval gives you a clear picture of your borrowing power and shows sellers you’re serious. It’s not a guarantee, but it’s a smart early step that can save time and help you bid with confidence.

3. Understand the First Home Buyer Schemes

There are several government incentives available to help first home buyers, including:

• First Home Owner Grant (FHOG)

• Stamp Duty Concessions

• First Home Guarantee (low deposit options)

We’ll walk you through what you’re eligible for and help you apply — so you don’t leave money on the table.

4. Think Long-Term, Not Just First Step

It’s easy to get caught up in the excitement of buying, but try to choose a property that fits your needs for the next 5+ years. Think about growth areas, proximity to work, schools, and lifestyle. Think about your personal circumstances, do you have large expenditure goals on the horizon (marriage, holidays, children), they don’t have to be show stoppers, we just need to create the right strategy to make it happen!

5. Consider All Costs (Not Just the Mortgage)

Owning a home comes with ongoing costs like council rates, insurance, strata fees (for units), and maintenance. Make sure your budget allows for these extras — not just the loan repayment.

6. Don’t Shop Alone — Use a Broker

Comparing loans across dozens of lenders, understanding fixed vs variable, offset accounts, LMI — it’s a lot. We break it down for you, find competitive options, and handle the paperwork.

And yes — our service is 100% free. We’re paid by the lender once your loan settles.

7. Stay Calm, Be Prepared

Markets can move fast, and emotions run high — especially at auctions. With the right plan and the right support team behind you, you’ll be able to make confident, informed decisions.

Property Investing 101: A Beginner’s Guide to Building Wealth Through Real Estate

Thinking about buying an investment property? Start here.

Investing in property is one of the most popular ways Australians build long-term wealth — and for good reason. With the right strategy, real estate can offer stable rental income, tax benefits, and capital growth over time.

But like any investment, it comes with risks — and the best results come from being informed, prepared, and supported by the right experts. At AMI Home Loans, we help new and experienced investors finance smart property decisions every day. Here's what you need to know to get started.

Why Invest in Property?

Property can be a powerful part of your wealth-building strategy. Here’s why many Aussies choose it:

• Steady rental income from tenants

• Capital growth as the property's value increases

• Tax benefits through deductions and depreciation

• Leverage — using a mortgage to control a larger asset with a smaller deposit

But it’s not instant riches — it’s a long-term game that requires smart planning.

What You’ll Need to Get Started

Before you buy, you’ll need to get your finances in shape:

• A deposit (typically 10–20% of the property price)

• A good credit history

• Evidence of stable income

We’ll help you figure out your borrowing capacity and structure your loan in a way that suits your investment goals — whether that’s capital growth, cash flow, or a balance of both.

Choosing the Right Investment Strategy

There’s no one-size-fits-all approach to investing. Some common strategies include:

• Buy and Hold: Purchase a property and hold it long-term for rental income and capital growth.

• Positive Cash Flow: Focus on properties where rent exceeds expenses.

• Negative Gearing: Accept a shortfall now for tax deductions and long-term growth.

• Renovate and Flip: Buy under market value, renovate, and sell for profit (more advanced).

We’ll help you choose the right loan features to support your plan — including interest-only repayments, offset accounts, or line of credit options.

What Makes a Good Investment Property?

Not every property makes a good investment. Look for:

• High rental demand (near schools, transport, jobs)

• Potential for capital growth

• Low vacancy rates

• Low maintenance costs

• Strong yield (rent relative to price)

Research the area, look at long-term trends, and consider speaking with a buyer’s agent or local property manager.

Structuring Your Investment Loan

As your broker, we’ll help you structure your loan to maximise flexibility and tax effectiveness. Options include:

• Interest-only vs principal and interest

• Fixed vs variable rates

• Offset accounts or redraw facilities

• Using equity in your current home

Our job is to match your strategy with the right lending product — from over 30 banks and lenders.

Tax Benefits of Property Investing

One of the big drawcards of property investment is the tax benefits. You may be able to claim deductions for:

• Loan interest

• Property management fees

• Repairs and maintenance

• Depreciation (on the building and assets)

Always speak with an accountant before buying to understand what applies to your situation.

Risks to Be Aware Of

Like any investment, property comes with risks:

• Vacancies and unreliable tenants

• Unexpected repairs or maintenance

• Interest rate rises

• Market downturns

That’s why planning and professional support are key. We’ll help ensure your loan is set up to handle the ups and downs.

Ready to Invest? Let’s Talk.

At AMI Home Loans, we make property investing easier by:

• Comparing the right lenders and loan options

• Structuring your loan to suit your strategy

• Guiding you through every step — from pre-approval to purchase

And best of all? Our service is completely free.

Positive vs Negative Gearing: What’s the Difference & Which Is Right for You?

Understand how investment property tax strategies work — and how they affect your bottom line.

When you're looking into property investment in Australia, you’ll often hear the terms positive gearing and negative gearing. But what do they actually mean — and how do they impact your cash flow, tax position, and long-term strategy?

At AMI Home Loans, we guide clients through the financial side of property investing every day. Here’s a simple breakdown of positive vs negative gearing, and what you should consider before making your move.

What Is Gearing?

Gearing refers to borrowing money to invest — typically through a mortgage on an investment property.

• Positive gearing means your investment income (usually rent) is greater than your expenses, resulting in a profit.

• Negative gearing means your expenses are greater than your rental income, resulting in a short-term loss — which you can often claim as a tax deduction.

Let’s break them down:

What Is Positive Gearing?

Positive gearing occurs when your rental income exceeds your property costs — including loan interest, management fees, maintenance, and other expenses.

Benefits of Positive Gearing:

• Extra income: You generate a cash flow surplus, which can help you pay down debt or invest further.

• Less reliance on capital growth: It can still grow in value, but you're not depending on it to stay financially afloat.

• Less financial stress: Positive cash flow can buffer you during interest rate rises or tenant vacancies.

Things to Consider:

• You'll likely pay income tax on the profit

• High-yield properties aren’t always in high-growth areas

• Fewer tax deductions compared to negative gearing

What Is Negative Gearing?

Negative gearing occurs when your rental income is less than your expenses, meaning the property runs at a short-term loss.

That loss can often be claimed as a tax deduction, offsetting other income (like your salary) and reducing your tax bill.

Benefits of Negative Gearing:

• Tax benefits: You may reduce your overall taxable income

• Focus on capital growth: Popular in areas with long-term property value increases

• Can support long-term wealth strategies

Things to Consider:

• You’re out of pocket each month — make sure your cash flow can handle it

• It’s a tax strategy, not a cash strategy

• Your investment still needs to grow in value for it to pay off

Quick Example

Positive Gearing

• Rental Income $2,200 per month

• Expenses (loan, etc.) $2,000 per month

• Outcome +$200 profit per month

• Tax Impact Pay tax on $200

Negative gearing

• Rental $2,200 per month

• Expenses (loan, etc.) $2,400 per month

• Outcome -$200 loss per month

• Tax Impact $200 deduction

Which Is Right for You?

There’s no one-size-fits-all answer. The best approach depends on:

• Your income and tax position

• Your risk appetite

• Your cash flow

• Whether your priority is growth or income

Some investors even balance both strategies within their portfolio.

How a Mortgage Broker Can Help

At AMI Home Loans, we:

• Help you find and compare loan options for both positive and negative gearing strategies

• Work with your accountant to ensure your loan structure supports your tax strategy

• Tailor your loan to fit your goals — whether that’s maximising returns or minimising risk

And remember — our service is 100% free. We’re paid by the lender when your loan settles.

How to Buy a House in Australia: Step-by-Step Guide for 2025

Everything you need to know to buy your home with confidence.

Buying a house is a major milestone — and one of the biggest financial decisions you’ll make in your life. Whether you're a first-time buyer or upgrading to a new place, understanding the steps involved can take the stress out of the process and help you move forward with confidence.

At AMI Home Loans, we help Australians every day to secure the right finance, navigate the process, and make smart property decisions. Here’s a simple step-by-step guide on how to buy a house in Australia:

1. Get Your Finances in Order

Before you start house-hunting, take stock of your financial position. You'll need to consider:

• Your savings and deposit (usually at least 5–20% of the property price)

• Your income and expenses

• Any existing debts

• Your borrowing capacity (we can help you calculate this)

Bonus Tip: The larger your deposit, the better your loan options — and you may avoid Lenders Mortgage Insurance (LMI).

2. Get Pre-Approved for a Home Loan

A loan pre-approval (also called conditional approval) gives you a clear idea of how much you can borrow and shows real estate agents and sellers that you're a serious buyer. It’s not a guarantee, but it puts you in a stronger position when making an offer.

We’ll compare lenders and handle the paperwork for you — at no cost.

3. Start House-Hunting

Now the fun begins. Research areas that suit your lifestyle and budget. You can look at:

• Online listings (Realestate.com.au, Domain)

• Local auctions

• Off-market opportunities via buyer’s agents or local agents

Keep in mind:

• The asking price is just a guide.

• Consider costs like stamp duty, council rates, and potential renovations.

4. Do Your Due Diligence

Once you’ve found a place you love:

• Arrange a building and pest inspection (for houses)

• Order a strata report (for apartments or townhouses)

• Review the contract of sale with a solicitor or conveyancer

This is a critical step — don’t skip it.

5. Make an Offer (or Bid at Auction)

• Private Sale: You submit an offer through the agent. Negotiations may follow.

• Auction: You’ll need to bid on auction day — if you win, the contract is unconditional.

Tip: You’ll need pre-approval in place before attending an auction, because there's no cooling-off period.

6. Sign the Contract & Pay the Deposit

Once your offer is accepted (or you win an auction), you’ll sign the contract of sale and pay a deposit (usually 5–10%). Your solicitor/conveyancer will handle the legal process.

7. Finalise Your Home Loan

We’ll work with your chosen lender to get your home loan formally approved, complete valuation checks, and get your loan documents ready to sign.

8. Settle & Move In

Settlement typically takes 4–6 weeks. On settlement day, your lender transfers the funds to the seller, the property becomes yours — and you get the keys to your new home!

Need Help? That’s What We’re Here For.

At AMI Home Loans, we’re more than mortgage brokers — we’re your partners throughout the entire process. We’ll:

• Help you understand your borrowing power

• Find and compare the right loan

• Support you from pre-approval through to settlement

• And yes — our service is completely free