If you’re a borrower who may not meet the lending requirements set out by traditional lenders, you might need a specialist loan.
A specialist loan is a loan with wider credit criteria or special features outside of a basic or standard variable home loan.
Some common reasons why you may need a specialist loan are credit scoring, loan purpose, impaired credit history, the need for a loan after discharged bankruptcy or income verification requirements.
There are no clearly defined characteristics that help to classify specialist borrowers. Generally speaking, if you’re a specialist borrower, you’re simply someone with a genuine need for home loan finance who is beyond the scope of traditional lenders.
If you’d like to find out more, just talk to one of our Lending Specialists on 13 73 77, Monday to Friday 8:00am and 7:00pm AEST.
All applications are subject to Pepper's normal credit assessment and loan suitability criteria. Terms, conditions, fees and charges apply.
This article provides you with 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. Neither Pepper nor its related bodies, nor their directors, employees or agents accept any responsibility for loss or liability which may arise from accessing or reliance on any of the information contained in this article. For information about whether a Pepper loan may be suitable for you, call Pepper on 13 73 77 or speak to an accredited Pepper Money broker.