Investing in property is an opportunity that could generate returns over time and play a significant role in helping to grow your wealth.  

But if your credit history isn’t squeaky clean or your type of employment is a bit unconventional, or if your age and income don’t fit within a pre-determined criteria, you might find the traditional lenders starting to shake their heads. But that’s OK. Where some get caught up ticking boxes, Pepper Money takes a far more real life approach to finding you a workable solution.

small shortfall doesnt mean you come up short
It's all about being flexible

So you may have missed the odd phone bill. In real life it happens. Or you might make your living from slightly alternative means, and so what if you’re at the age where you’re nudging closer to retirement if you have sufficient ongoing income to service a loan.

Just because you might not fit the traditional lenders typical property investment borrower profile doesn’t mean you shouldn’t still be able to get a home loan. We assess your whole situation on its merits.

Gains before you begin
Deal with the decision maker

Finding the right investment property to give you the greatest returns is one thing. Getting approval for a home loan can be another. That’s why, if we’ve received the documents we need and provided they check out, we can give you a conditional approval within 24-48 hours.

You may also qualify for an interest-only loan – for up to 5 years. And on some loans, we can lend up to 95% of the property value. Most important of all, at Pepper Money, you get to deal direct with the person who is a decision maker and can give you an answer promptly. 

Pepper Money: Real life home loans for the property investor.

individual and personalised assessment

Individual and personalised assessment

individual and personalised assessment

Deal direct with a decision maker

individual and personalised assessment

Competitive interest rates matched to your circumstances

Some of the situations we can help with

  • Interest only repayments available
  • Individuals or Companies acting as Trustee are considered
  • Negative gearing benefits applied
  • Rental income considered for loan servicing
  • Borrow up to 95% of the property value (available on some loans)
  • Failed to meet Lenders Mortgage Insurance requirements

Thinking that's outside the tick box

We understand that everyone’s situation is different. That’s why instead of simply ticking boxes, like most, we get a bigger picture of you. And we won’t make any notes on your credit file without your okay.

To paint that bigger picture, we begin with 4 things and fill in details around them the more we talk with you.

  1. What you do – how you make a living, full-time, part-time, casual, or run your own business
  2. What you own – your assets, do you own a home or investment property or have you saved a deposit?
  3. What are your outgoings? – your liabilities, do you have a mortgage, car payments or credit card debt? Do you have a business debt or ATO debt? What are your living expenses?
  4. What you missed – your credit history, do you have any defaults, missed loan repayments or missed bills?

Even if any of these things are complicated in any way, we’ll do our best to help. We get the level of thinking and planning in a venture like property investment so we keep things at our end as simple, streamlined and flexible as possible, to make sure the process doesn’t become a process.  

How much would you like to borrow?

Get an estimate on how much you can possibly borrow with Pepper in a matter of minutes, based on your income and financial commitments.

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Find out now This calculator is to be used as a guide as to whether you may be able to borrow a certain amount only, based on the basic information you have provided. It does not provide you with formal approval for a loan and you should not enter commitments based on the result. If you need a formal approval, contact us now on 13 73 77 to discuss your needs.

Try our Home Loan Repayment Calculator

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

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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.

How our product range may be able to help you

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Pepper Essential

A simple home loan for borrowers with a clear credit history.

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Pepper Easy

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

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Pepper Advantage

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

Find out more

Home Loan Calculators

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How much can I borrow?

Work out how much you may be able to borrow in today's home loan marketplace.

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Home loan repayment
Home Loan Repayment Calculator

Work out your monthly or fortnightly mortgage repayments and the total interest payable for the life of the loan.

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Stamp duty
Stamp Duty Calculator

Work out how much stamp duty you may need to pay on a property in each state in Australia.

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We can help

Ready to apply or want to discuss your home loan needs? 

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Make an enquiry today and a Lending Specialist will contact you as soon as possible.

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one on one help

Speak to a Home Lending Specialist on 13 73 77. They're here to help. 

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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

For more of your questions answered visit our Help Centre.

Calculate borrowing power Call 13 73 77 Enquire now

Important Information

*Interest Rates start from this amount, are correct as at 22 July 2019 and subject to change at any time. The actual interest rate applicable will depend on the individual borrower's circumstances. All Comparison Rates are calculated based on a secured loan of $150,000 over a 25 year term. 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. 

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