Red Hot Rates Package

Until 12 June 2024

Submit a scenario

To help address some of the real-world challenges that clients face, we’re unlocking opportunities for borrowers with our red hot rates package.

Red Hot Rates1

Starting from 6.44% p.a.2

Affordability

Credit policies to help

Fast turnaround

24hr SLA

Give it the Pepper Money non-bank lender test. 

Submit a scenario

     

Our headline floating rates1:

Prime from

6.44% p.a.2

Near Prime from

7.00% p.a.2

Specialist from

8.45% p.a.2

     

Our headline policy options

Investors

  • New: Non-CCCFA investor loans, with adviser fee capitalisation and serviceability excluding personal expenses. 
  • No notional rent for rent free accommodation 
  • Actual repayments on existing debts +25% buffer 

Refinancers

  • New: Waived serviceability buffer on $-for-$ refinances 
  • New: Fast-track refinancing process for $-for-$ refinances. 
  • Unlimited debt consolidation & cash out (LVR & lending limits apply) 

Self-employed

  • From 6 months in business 
  • Tax debt on a payment plan 
  • Full & Alt Doc options 

Real life events

  • Defaults & judgements 
  • Arrears or late payments 
  • Work & family payments (no age limit) 

   

Talk to us about workshopping your client’s situation.
We’re here to help. 

Rate card

Download

Product Guide

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You are protected by responsible lending laws. Because of these protections, the recommendations given to you about home loans are not regulated financial advice. This means that duties and requirements imposed on people who give financial advice do not apply to these recommendations. This includes a duty to comply with a code of conduct and a requirement to be licensed.

Information is current as of 23 April 2025 and subject to change without notice. Information provided is factual information only and is not intended to imply any recommendation about any financial product(s) or constitute tax advice. Consult a licensed financial or tax adviser for financial or tax advice

1Floating Interest rate promotion (Promotion) applies for new applications. Refer to the rate card for our full range of interest rates and fees. Applications must be submitted between 12:00 am NZDT 7 March 2025 and 11:59 pm NZST 12 June 2025. Applications lodged after the Promotion period will be offered the current floating interest rates then applicable. This Promotion is subject to change and may be varied or withdrawn at any time.

2Floating and fixed interest rates range from 6.04% p.a. to 10.65% p.a. Interest rates are correct as of 23 April 2025 and subject to change at any time. The actual interest rate applicable will depend on the individual borrower’s circumstances. 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.

Applications are subject to the lender completing responsible lending checks and considering the borrower’s individual circumstances. Credit assessment, eligibility criteria, lending limits, terms, conditions, fees and charges apply.

© Pepper New Zealand Limited NZBN 9429031065153. NZ Company Number 3416551.