Owner Occupier vs Investor Rate

Hi,

We have 2 investment properties.

Purchased the first one (Property A) approx 3 years ago ($520k). Financed the whole amount, secured with a mortgage on our residential home which we owned outright (Valuation $900k). Currently have $120k in saving offsetting that loan as well. Variable rate loan.

Second property (B), purchased a little over a year ago. $630k, financed whole amount, secured with a mortgage on property A. Currently fixed rate for another 10 months.

Im wanting to refinance the loan on property A, as the current rate with ING is 4.5ish, less 0.25 drop later this month. They are offering 4.05 to new investors, which I'll ask for initially. My main question is, as the loan on Property A is secured with a mortgage on our residential home (which we owned outright) shouldnt I be able to get an owner occupier rate?

Thanks

 

There are only a couple of lenders that do this. Most lenders price based on purpose, not on what it secured against.