Prime Home Loans

Prime Home Loans House

Pepper Money’s prime range of home loans were developed to meet demand from customers who have overcome financial adversity or secured an acceptable employment history, and are now eligible for a prime solution.

Key Features

Available as a Full Doc or Alt Doc home loan.

  • No third party approval required from Lender’s Mortgage Insurance Providers

Unlike other lenders, Pepper Money does not require approval from a third party mortgage insurer. Pepper Money offer prime loans with flexible features and can cater to a client’s individual circumstances.

  • No Credit Scoring

Expert underwriters take a human approach to assessing your client’s circumstances to increase the likelihood of finding a solution.

  • Minor Credit Impairment considered

Clients with past paid defaults (up to $500) are considered. Pepper Money recognises that the odd credit slip up can happen to the best of us.

  • No Genuine Savings required

Your clients can use an inheritance or gifted funds for a deposit on most LVRs. Refer to product guide for more details.

  • Loan Purpose

Purchase, refinance or construction of owner occupied and investment properties (including vacant land). Pepper Prime loans allow debt consolidation of up to 4 debts and cash out for acceptable personal purposes (excluding construction loans).

  • Alternative Documentation (Alt Doc)

Where standard supporting documentation is unavailable, the the Alt Doc prime loan allows applicants income to be verified by 2 of the following alternative forms of documentation: 6 months business bank statements, 6 months BAS and Accountants Letter. 24 month ABN & 12 month GST registration is required.

  • 100% interest offset sub-account

With our 100% interest offset sub-account and Visa debit card; your clients can reduce the interest payable on their home loan whilst having access to transaction facilities.

  • Redraw

Access funds that are available for redraw on the internet, on the phone or via ATMs.

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Is a Pepper Money Prime home loan product right for your client?

Call us on 1800 737 737 or submit a scenario

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Note - All applications are subject to Pepper Money’s normal credit assessment and loan suitability criteria. Terms, conditions, fees and charges apply.