We’re thrilled to announce that Pepper has recently launched mortgage lending operations in New Zealand.
Our decision to enter the New Zealand market came after close consultation with advisers and intermediaries, lending partners, regulators and borrowers. From these discussions, it became clear there is a gap in the New Zealand market that Pepper Money’s flexible lending products can fill.
The New Zealand arm of Pepper will embrace the local culture, whilst staying true to the DNA of Pepper’s renowned global credit proposition - putting the borrower first.
Pepper’s office will be based in Auckland and we will offer prime, near-prime and specialist loans primarily through mortgage advisers in New Zealand. There will be a dedicated credit team based in New Zealand, and all loans will be serviced here in Australia.
Mario Rehayem – Pepper Money CEO Australia said “Our expansion into New Zealand is a mark of confidence in Pepper’s business model and our ability to execute on our strategic growth initiatives.
Across the globe, it’s our can do attitude and focus on the customer that has underpinned our success in every market we have entered, and we look forward to having a significant impact on New Zealand’s mortgage lending market too.”