Owner Occupier Home Loans
Owner Occupier Home Loans
Secure your dream home with the right home loan financing decision
Secure your dream home with the right home loan financing decision
What is an Owner-Occupier Home Loan?
What is an Owner-Occupier Home Loan?
What is an Owner-Occupier Home Loan?
An owner-occupier home loan is a type of loan specifically advanced to borrowers who plan to live in the property as their primary residence. These loans typically offer more favorable interest rates compared to investment property loans, as lenders consider owner-occupiers lower-risk borrowers who are more likely to maintain their properties and meet repayment obligations.
Owner-Occupier Home Loan Type Qualifier
Owner-Occupier Home Loan Type Qualifier
Owner-Occupier Home Loan Type Qualifier
Use the calculator below to check the types of owner-occupier home loans best suited for you.
The results provided by this calculator are for indicative purposes only and are based on the information you have provided. They do not constitute financial advice, a loan offer, or a guarantee of approval. Loan eligibility is subject to lender assessment, credit checks, and other conditions. We recommend consulting with a licensed financial advisor or mortgage broker before making any financial decisions.
The results provided by this calculator are for indicative purposes only and are based on the information you have provided. They do not constitute financial advice, a loan offer, or a guarantee of approval. Loan eligibility is subject to lender assessment, credit checks, and other conditions. We recommend consulting with a licensed financial advisor or mortgage broker before making any financial decisions.
The results provided by this calculator are for indicative purposes only and are based on the information you have provided. They do not constitute financial advice, a loan offer, or a guarantee of approval. Loan eligibility is subject to lender assessment, credit checks, and other conditions. We recommend consulting with a licensed financial advisor or mortgage broker before making any financial decisions.
Access to government grants and schemes for first-home buyers
Pros
Cons
Pros and Cons of Owner-Occupier Home Loans
Access to affordable home loan packages compared to investment loan packages
Various loan features available (offset accounts, redraw facilities)
More flexible lending criteria
Option to make extra repayments
Strict occupancy requirements (must move in within 60 days)
Minimum 12-month occupancy typically required
May have limitations on renting out portions of the property
Access to government grants and schemes for first-home buyers
Pros
Cons
Pros and Cons of Owner-Occupier Home Loans
Access to affordable home loan packages compared to investment loan packages
Various loan features available (offset accounts, redraw facilities)
More flexible lending criteria
Option to make extra repayments
Strict occupancy requirements (must move in within 60 days)
Minimum 12-month occupancy typically required
May have limitations on renting out portions of the property
Access to government grants and schemes for first-home buyers
Pros
Cons
Pros and Cons of Owner-Occupier Home Loans
Access to affordable home loan packages compared to investment loan packages
Various loan features available (offset accounts, redraw facilities)
More flexible lending criteria
Option to make extra repayments
Strict occupancy requirements (must move in within 60 days)
Minimum 12-month occupancy typically required
May have limitations on renting out portions of the property
Access to government grants and schemes for first-home buyers
Pros
Cons
Pros and Cons of Owner-Occupier Home Loans
Access to affordable home loan packages compared to investment loan packages
Various loan features available (offset accounts, redraw facilities)
More flexible lending criteria
Option to make extra repayments
Strict occupancy requirements (must move in within 60 days)
Minimum 12-month occupancy typically required
May have limitations on renting out portions of the property
fAQs
Yes, you can convert an investment loan to an owner-occupier loan if you decide to move into the property. Contact your lender to initiate the switch, as you may be eligible for better interest rates. The process typically requires proof that you're using the property as your primary residence
Can you change an investment loan to owner-occupied?
Yes, you can convert an investment loan to an owner-occupier loan if you decide to move into the property. Contact your lender to initiate the switch, as you may be eligible for better interest rates. The process typically requires proof that you're using the property as your primary residence
Can you change an investment loan to owner-occupied?
Yes, you can convert an investment loan to an owner-occupier loan if you decide to move into the property. Contact your lender to initiate the switch, as you may be eligible for better interest rates. The process typically requires proof that you're using the property as your primary residence
Can you change an investment loan to owner-occupied?
Yes, you can convert an investment loan to an owner-occupier loan if you decide to move into the property. Contact your lender to initiate the switch, as you may be eligible for better interest rates. The process typically requires proof that you're using the property as your primary residence
Can you change an investment loan to owner-occupied?
Taking your first step to owning a home? Fill out our consultation form today and our mortgage team will help you throughout your home owning journey (yes, even post-settlement!).
Ready to Get Your Dream Home With Us.
Select Loan & Mortgage is a one-stop solution for home loan consulting services in Australia.
ABN: 86 680 285 143
ACN: 680 285 143
Address: Level 10, 90 King William Street Adelaide SA 5000
Select Loan & Mortgage
Home Loan Calculators
Select Loan and Mortgage Pty Ltd | Credit Representative Number 563198 is authorized under Australian Credit License 389328 | 86 680 285 143 |
This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
Ready to Get Your Dream Home With Us.
Select Loan & Mortgage is a one-stop solution for home loan consulting services in Australia.
ABN: 86 680 285 143
ACN: 680 285 143
Address: Level 10, 90 King William Street Adelaide SA 5000
Select Loan & Mortgage
Home Loan Calculators
Select Loan and Mortgage Pty Ltd | Credit Representative Number 563198 is authorized under Australian Credit License 389328 | 86 680 285 143 |
This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
Ready to Get Your Dream Home With Us.
Select Loan & Mortgage is a one-stop solution for home loan consulting services in Australia.
ABN: 86 680 285 143
ACN: 680 285 143
Address: Level 10, 90 King William Street Adelaide SA 5000
Select Loan & Mortgage
Home Loan Calculators
Select Loan and Mortgage Pty Ltd | Credit Representative Number 563198 is authorized under Australian Credit License 389328 | 86 680 285 143 |
This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
Ready to Get Your Dream Home With Us.
Select Loan & Mortgage is a one-stop solution for home loan consulting services in Australia.
ABN: 86 680 285 143
ACN: 680 285 143
Address: Level 10, 90 King William Street Adelaide SA 5000
Select Loan & Mortgage
Home Loan Calculators
Select Loan and Mortgage Pty Ltd | Credit Representative Number 563198 is authorized under Australian Credit License 389328 | 86 680 285 143 |
This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.