What is the difference between owner-occupied and investor home loans?
If you're planning to buy a house, you'll most likely apply for a mortgage to pay for it. However, whether you apply for an owner-occupied or investor home loan will depend upon the purpose for which you're going to use the property. As the name implies, an owner-occupied home loan is for individuals who wish to purchase a house to live in. On the other hand, an investor loan is for people who plan to buy a house and use it to earn rental income.