If you decide to occupy your investment property, you will need to notify your tenants and your lender to inform them that you’re switching from an investment loan to owner occupied property. You may have to consider paying higher interest rates, however it’s always worth asking for a rate reduction.
Can I change the home loan to owner occupied?
The recent flooding in Queensland and NSW has shown just how unpredictable life can be. If the events of the past few years have taught...Read more