Help for the home loan refinancer
Real life loans for real people
Real life loans for real people
You might have some urgent renovations. Or you're looking to get things under control and want to consolidate debts that are eating up your monthly pay cheque.
Whatever the reason, home loan refinancing may be an option for you to consider. But if your credit history isn't exactly up to scratch, you might have a hard time getting anywhere with the traditional lenders. There is an alternative. Where some say no, Pepper Money is willing to help.
Just because you might have missed paying a phone or electricity bill shouldn’t mean an instant black mark against your name.
We understand that things are not always black and white and there may have been circumstances beyond your control that resulted in late payments, a default or even bankruptcy. Real life happens.
That’s why we sit down with you for a one-on-one chat to learn more about your story. The more we know about you and your situation, the better we are equipped to find a solution.
Some of the situations we can help with
Our decision is not all about your credit history, good or bad. There’s a whole bunch of other things we look at. Instead of simply ticking boxes, like most, we like to get a bigger picture of you. And we won’t make any notes on your credit file without your okay.
To paint that picture, we begin with 4 things and fill in details around them the more we talk with you.
See what a Pepper Money home loan might look like for you.
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.
Ready to apply or want to discuss your home loan needs?
Here are some FAQs about refinancing a home loan with Pepper Money
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:
For Self-Employed applications we need your last two years Tax Returns, two years Tax Assessment Notice and & last 1 month’s business bank statements. If you are self-employed and unable to provide this documents, 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.
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 and the product you apply for. A decision on your rate will be based on a range of different factors including;
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 and charges associated with every home loan which should be factored in when saving your deposit. For example, establishment/application fee, monthly administration fee, legal fees, stamp duty and mortgage risk fee (if applicable).
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 - we’ve been awarded Best Non-Bank Lender three times – in 2017 and 2019 at the Australian Mortgage Awards and in 2018 at the Australian Lending Awards.
We live our mission every day: to help you 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 2000 to provide a fresh alternative for those people who needed a home loan that banks weren’t prepared to offer. We now also provide car loans, personal loans, loans for professional equipment, and commercial loans. Learn more about us here.
To see the full home loan FAQs, click here.
Here are some handy tips and guides to help you on your home loan refinance journey.
For more of your questions answered visit our Help Centre.
Important Information
Note - All applications are subject to Pepper's normal credit assessment and loan suitability criteria. Terms, conditions, fees and charges apply.