Broker helps family get home loan
Broker helps family get home loan

Our Home Loan Options

Find your clients' fit with our wide range of home loan options

Three home loan products, and only one application – Let us do the work

We use our cascading credit model to assess applications. So we’ll always assess your client’s application under the Prime option first, and then, will automatically reassess across our Near Prime and Specialist home loan options.

We offer floating as well as 2 and 3 year fixed interest rates and alternative documentation (alt doc) home loans across our range of options.

pepper prime home loan option

Prime

Our option for clients with a mostly clean credit history.

Floating interest rate starting from

8.59% p.a.*

  • 2 and 3 year fixed rate options available
  • Alternative documentation (alt doc) available
  • Redraw facility 
  • Consolidate up to 4 debts and cash out for acceptable personal purposes
  • Paid defaults up to $500 are considered
  • Option to split the loan

^Fees and Charges

  • Establishment fee: $749
  • Monthly administration fee: $10 per month (split)
  • View a detailed summary of our home loan fees here
Pepper Near Prime

Near Prime

For those who need greater flexibility and may be recently self-employed.

Floating interest rate starting from

8.94% p.a.*

  • 2 and 3 year fixed rate options available
  • Alternative documentation (alt doc) available
  • Redraw facility 
  • Unlimited cash out (requires verification)
  • Defaults and judgements registered > 24 months considered (includes discharged bankruptcy)

^Fees and Charges

  • Establishment fee: $749
  • Monthly administration fee: $15 per month (split)
  • View a detailed summary of our home loan fees here
Pepper Specialist

Specialist

Tricky circumstances or life events? There still could be an option.

Floating interest rate starting from

10.74% p.a.*

  • 2 and 3 year fixed rate options available
  • Alternative documentation (alt doc) available
  • Redraw facility 
  • Unlimited cash out up to 75% LVR (requires verification)
  • Defaults and judgements registered < 24 months considered (includes discharged bankruptcy)
  • Unlimited mortgage arrears and non-mortgage arrears within last 6 months
  • Newly self-employed 6 month NZBN accepted

^Fees and Charges

  • Establishment fee: $749
  • Monthly administration fee: $15 per month (split)
  • View a detailed summary of our home loan fees here

View product guide and rate cards >

A default interest rate, which is your clients' current interest rate plus 2% p.a. may be charged on each amount that is either overdue or over the limit of their home loan

All loan applications are subject to the Pepper Money Team completing responsible lending checks and considering the borrower’s individual circumstances.

 

Every client’s situation is unique. We have a range of options that could help reshape their financial situation.

Join the growing number of brokers who are finding more options with non-bank lending

Floating Interest rates are correct as at 23 April 2024  and subject to change at any time.

* Pepper Prime home loan floating interest rates range from 8.59-9.85% p.a., Pepper Near Prime home loan floating interest rates range from 8.94-10.60% p.a. and Pepper Specialist home loan floating interest rates range from 10.74-12.89% p.a. The actual interest rate will depend on the lender’s consideration of various factors, including the individual borrower’s circumstances and credit history, the loan to value ratio (LVR) and the type of loan product applicable including whether the customer is applying for a full documentation (full doc) or alternative documentation (alt doc) loan. All applications are subject to Pepper's credit assessment and loan suitability criteria. . Terms, conditions, Fees and charges apply For more information please refer to the Fees & Charges ScheduleGeneral Teams & Conditions and the Mortgage Terms & Conditions.

^ Before using Pepper Product Selector, it is important to ensure you have received your customer’s written consent to complete a credit enquiry. Applications are subject to the credit assessment, eligibility criteria and lending limits.

An indicative offer is not a formal approval for a loan and financial commitments must not be entered into based on it. It is not a suggestion or recommendation of any particular loan product. It is a guide only based on the limited information provided and the credit score obtained. The actual interest rate and fees will depend on the borrower’s circumstances and the information verified during the loan application assessment.