Why choose Pepper Money home loans

Since 2001, we’ve helped over 200,000 Aussies who don’t tick all the traditional boxes for a home loan.  

Choose between weekly, fortnightly or monthly repayments and make extra payments for free on any variable home loan.

  • Flexible home loans to suit a variety of situations. 
  • Deal direct with a decision maker and get guidance the whole way through
  • Competitive rates matched to your circumstances

Best Non-Bank Lender 2018

Australia's Best Non-Bank and Specialist Lender

Explore our variable rate home loans

Enjoy these rates until 22 November 2019
on Pepper Essential product.**

Pepper Essential

A simple home loan for borrowers with a clear credit history

Starting from*
3.12
%
p.a.
Comparison rate^
3.32
%
p.a.
  • Non-genuine savings accepted up to 90% LVR or a minimum of 5% genuine saving is required.
  • Cash out available up to 90% LVR
  • Paid defaults up to $500 may be considered
  • No third party Lenders Mortgage Insurance (LMI) approval required
  • Up to four debts can be consolidated
  • 100% offset sub-account
  • Free redraw facility
  • Extra payment permitted
  • Visa debit card access
  • Interest only payments available

Pepper Easy

A balanced home loan for borrowers who haven't had a credit problem in the last 2 years

Starting from*
4.26
%
p.a.
Comparison rate^
4.63
%
p.a.
  • Non-genuine savings accepted
  • Cash out available for acceptable purposes including business use and ATO debt payout
  • No restrictions on length of employment for PAYG borrowers
  • Discharged from bankruptcy by 1 day considered
  • Unlimited debt consolidation
  • 100% offset sub-account
  • Free redraw facility
  • Extra payment permitted
  • Visa debit card access
  • Interest only payments available

Pepper Advantage

A real home loan for borrowers whose circumstances have made getting a loan challenging

Starting from*
5.51
%
p.a.
Comparison rate^
5.88
%
p.a.
  • Non-genuine savings accepted
  • Accept defaults registered less than 12 months ago
  • Mortgage arrears within the last 6 months accepted
  • Alternative income verification available with 6 month ABN registration & 6 month GST registration
  • Discharged from bankruptcy by 1 day considered
  • Unlimited debt consolidation
  • 100% offset sub-account
  • Free redraw facility
  • Extra payment permitted
  • Visa debit card access
  • Interest only payments available

Try our Home Loan Repayment Calculator

See what a Pepper Money home loan might look like for you.

digits only, min-5000

digits only, min-1 year, max-30 years

digits with two decimals only

With a repayment frequency of:

Please select frequency

Important Information

This repayment calculator gives you an estimate of what your home loan repayments could be, based on information you have provided in the calculator. The calculator does not take into account loan establishment or application fees, nor government statutory or lender fees.  It is to be used as a guide only and does not constitute a quote, pre-qualification, approval for credit or an offer for credit and you should not enter commitments based on it.

We offer a range of home loan borrowing options to suit your needs

Self employed? Credit history issues? Income that doesn't tick the standard boxes?

We understand that in real life everyone’s situation is different. That’s why we keep our thinking flexible and look at a wide range of things when we assess any application for a home loan.

See what our customers are saying about us  

See what our customers are saying about us  

At Pepper Money we care what our customers think about us, which is why we encourage any feedback to help us continually improve our service.

Read the review on Product review >

Popular questions...

You will need to have documents supporting your current financial position such as recent bank statements, payslips or other proof of income, personal identification and a snapshot of your current asset and liability position.

For PAYG applicants we require two current payslips plus one of the following:

  • Most recent group certificate
  • Most recent tax return / taxation notice
  • Current letter of employment
  • Bank statements – to confirm last 3 months salary credits

For Self-Employed applications we need your last two years Financial Statements and Certified Tax Returns + Tax Assessment Notice. If you are self-employed and unable to provide these documentation, you may still qualify for an alternative documentation (alt doc) loan. For more details click here

At Pepper Money we can finance home purchases of up to 95% LVR (subject to the loan meeting our eligibility criteria), which means you can start to look at buying once you have saved around 5% of the purchase price. 

However, we recommend at least 10% as an ideal target as it is important to factor in the additional costs you will need to cover when you are taking out a loan. 

At Pepper Money, we offer a range of variable interest rates depending on your individual circumstances. A decision on your rate will be based on a range of different factors including;

  • The amount you need to borrow against the property value; known as the Loan-to-Value Ratio (LVR)
  • The size of your deposit
  • Your source of income
  • Credit history
  • Assets and liabilities 
  • And whether the loan is to purchase an owner-occupied property or an investment property. 

Click here to learn more about our home loan products, or to get an indicative interest rate speak to one of our Lending Specialists on 13 73 77

There are fees associated with every home loan application which should be factored on top of your deposit. For example, establishment and ongoing administration of your loan account, legal fees, stamp duty and mortgage insurance fees.

Get in touch with one of our Lending Specialists on 13 73 77 to understand the full list of fees on a Pepper Money home loan and when these might apply. Alternatively you can view a high level summary of our home loan fees here

Your Pepper Money Home Loan Journey can take up to six weeks – this is the typical timeframe for a home purchase, however the process may be quicker if all the necessary documentation is provided sooner. 

Delays in decisions are often caused by incorrect or missing documentation. 

To learn more about Pepper Money Home Loan application process, click here or for more information speak to a Lending Specialists on 13 73 77.

We are Australia’s number 1 non-bank lender, as voted by the Australian Lending Awards 2018, and we live our mission every day: to help people succeed.

We specialise in working on each individual application so we can fully understand your real life situation and help find a suitable solution.

We were set up in 2001 because so many people needed home loans that banks weren’t prepared to offer. Since then we’ve helped over 200,000 Australians who don’t tick all the traditional boxes for home loans – and we also provide personal loans as well as professional equipment and car loans. Learn more about us here.

To see the full FAQs, click here

Help at hand

Important Information

*Interest Rates range from 3.12-5.24%p.a. for Pepper Essential loans until 22 November 2019. Pepper Easy loans range from 4.26-7.61%p.a. Loan applications lodged after the promotional period will be offered the current interest rates then applicable. Offer may be continued, withdrawn or changed at any time without notice. The actual interest rate applicable will depend on the individual borrower’s circumstances. 

**Pepper Money interest rate promotion applies only for new Pepper Essential applicants. Offer does not apply to existing borrowers. Applications must be submitted between 3pm AEST 1st October 2019 and until 11:59pm AEST on 22nd November 2019. Applications are subject to Pepper’s normal credit assessment and loan suitability criteria. Fees and charges are payable.

^WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. All Comparison Rates are calculated based on a secured loan of $150,000 over a 25 year term. Pepper Group Ltd ACN 094 317 665 Australian Credit Licence Number 286655 is the servicer of loans by Pepper Finance Corporation Limited ACN 094 317 647.

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

Calculate borrowing power Call 13 73 77 Enquire now