Owner occupier home loans are specifically designed for individuals or families who intend to live in the property they are purchasing. These loans typically offer competitive interest rates and more flexible terms compared to investment property loans. Owner-occupiers may benefit from features such as lower interest rates, smaller deposit requirements, and government incentives.

Types of Owner Occupier Home Loans :

• Variable Rate Loans: With a variable rate loan, your interest rate may fluctuate over time in response to changes in the market.

• Fixed Rate Loans: Fixed rate loans offer stability and predictability, with a set interest rate for a specified period, typically ranging from one to five years.

• Combination Loans: Combination loans allow you to split your loan into both variable and fixed rate portions, offering the benefits of both loan types.

Features to consider :

• Offset Accounts: An offset account linked to your loan can help reduce the amount of interest you pay over time by offsetting your loan balance against your savings.

• Redraw Facility: A redraw facility allows you to access any additional payments you've made towards your loan, providing flexibility and convenience.

• Extra Repayments: Many owner-occupier loans allow you to make extra repayments without penalty, helping you pay off your loan faster and save on interest.

Get in touch with us today to explore your options with a range of lenders on our panel.