Quote Originally Posted by Juniper View Post
The sentence in question doesn't seem to make that distinction, so it's still unclear to me!
You were looking at a 'general information' site. This is from the Reserve Bank site I linked to, which clearly shows the distinction between investor and owner occupier:
LVR lending restrictions are tighter for loans secured by investment property than for owner occupied property.

Mortgage lending by banks is placed into one of the following classifications of LVR restriction.

Investor loans – 35% deposit / 5% of investor lending
LVR lending restrictions are tighter for loans secured by investment property in response to the risks associated with this type of loan. Low-deposit (high-LVR) loans in this category are those loans that are more than 65% of the property’s value (35% deposit).

High-LVR loans can make up no more than 5% of a bank’s total new lending in this category.

Owner occupier loans – 20% deposit / 15% of owner occupier lending
This class of loan is for borrowing secured against owner occupied property. Low-deposit (high-LVR) loans are defined as those loans that are more than 80% of the property’s value (20% deposit).

These loans can make up no more than 15% of a bank’s total new lending in this category.

So what about the category first mentioned by the OP, which would be "owner occupied loan for migrants without PR"
Most people without Residence won't be able to buy property under the new Overseas Investment rules anyway.

Maybe it differs from bank to bank
The banks all have to follow the LVR rules but all have their own policies about lending. It can help to use a mortgage broker to navigate through it all.