Give that deal on your desk, the Pepper Money non-bank lender test

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

Whether your client is buying, refinancing, or investing, give them options with our fixed interest rate loans:

Certainty at a red hot rate

And an extra
10bps reduction on fixed interest rates at settlement until
18 April*.

Red hot serviceability buffer

Serviceability buffer reduced to 2%  


Red hot response rates

Credit response within 24 hours                           



Got a deal on your desk? Give it the non-bank test!


Our headline policy options

LVR & Deposit

  • Up to 80% LVR
  • Up to 85% LVR for new build in metro area
  • First Home Grant considered for deposit


  • 80% of estimated rental income considered
  • Non-standard income considered
  • Work & Family Payments (no age limit)

Credit History

  • Arrears or late payments
  • Unlimited defaults
  • Discharged bankruptcy (1 day)

Loan structure

  • IO max 5 years followed by P&I
  • 2 and 3 year fixed interest rates
  • 40-year loan terms (P&I non-conforming options)

Find out more about the clients you can help


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

Rate card

Product Guide

Servicing Calculator


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 provided is factual information only and is not intended to imply any recommendation about any financial product(s) or constitute tax advice. If you require financial or tax advice you should consult a licensed financial or tax adviser.

*Interest rate promotion (Promotion) applies for new fixed rate home loan applications. Refer to the rate card for our full range of interest rates and fees. Applications must be submitted between 12:00 am NZDT 8 March 2024 and 11:59 pm NZST 18 April 2024, and must settle by 11:59pm NZST 31 May 2024. Applications lodged after the Promotion period will be offered the current interest rates then applicable. This Promotion is subject to change and may be varied or withdrawn at any time.

^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 credit assessment, eligibility criteria and lending limits.

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. For more information please refer to the Fees & Charges ScheduleGeneral Teams & Conditions and the Mortgage Terms & Conditions.

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

Pepper and the Pepper Money logo are registered trademarks of Pepper Group Assets (Australia) Pty Limited and are used under licence.