Calculate borrowing power Call 137 377 Enquire now

Flexible Home Loan Solutions for Self Employed Borrowers

The way we work here in Australia has really changed over the last 20 years. More people are working for themselves, doing more than one job or working different sorts of hours.1

Real working life in Australia is pretty varied. 17% of Aussies are self-employed, with around 1 million being independent contractors. And we don’t all do a 40-hour week; nearly a third of us work part time.2

cerdit card wallet

That’s why proof of ‘standard income’ is often something we don’t have when it comes to applying for a home loan.

Yet research shows that 26% of Aussies that were turned down for a loan were declined because of employment status3. What’s the alternative? It’s Pepper Money – Australia’s Best Specialist Lender.

If you’re having trouble because of your type of employment or because your income type doesn’t tick the right boxes (non-standard income) talk to us at Pepper Money, we'll do our best to help find a way forward.

Pepper Money: Real life home loans for self employed borrowers.

Speak to a Home Lending Specialist


Deal direct with a decision maker

individual and personalised home loan assessment


Individual and personalised assessment

Home loan interest rates matched to your circumstances


Variable interest rates matched to your circumstances

Some of the situations we can help with

  • 90 day valid conditional approval
  • 6 months ABN accepted
  • 6 month BAS required
  • Cash out for approved business purposes
  • Payout tax debt
  • Borrowers with impaired credit history considered

Ready to take the next step?


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

Enquire now

What could a Pepper Money home loan look like?

Estimate your home loan repayments with our calculator below, and then just answer a few more questions to find out how much you could borrow and your indicative interest rate.

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.

Discover how our real-life home loan options could help you

Discover how a Pepper Money home loan could help you


Our flexible approach to home loans factor in the ups and downs of real life. Whether you're looking for the certainty of repayments with a fixed rate loan or want to enjoy more flexibility with a variable rate loan, we have options to consider. 

Home Loan Calculators

how much can i borrow
How much can I borrow?

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

Calculate >

Home Loan Repayment Calculator
Home Loan Repayment Calculator

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

Calculate >

Stamp Duty Calculator
Stamp Duty Calculator

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

Calculate >

We can help

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

Get a quick borrowing estimate
Enquire today and talk to a Lending Specialist

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

Make an enquiry now >

Speak to a Home Lending Specialist

Speak to a Home Lending Specialist on 137 377. They're here to help. 

Call 137 377 >

Popular home loan questions…

Here are some FAQs about applying for a self-employed home loan with Pepper Money.

Often the big banks make self-employed workers jump through extra hoops to get a home loan, or simply classify them as too high-risk. However, at Pepper Money, we can help those who have a non-standard income – even those with just 6 months ABN or BAS activity.

Depending on the level of documentation that can be provided, self-employed borrowers commonly fall into two buckets; full doc and alt doc.

Learn about the difference here

There are two types of income documentation options available for self-employed borrowers; full documentation (Full Doc) and alternative documentation (Alt Doc)

Full Doc Alt Doc
  • Two years tax returns
  • Two years tax assessment notices AND
  • Last 1 month’s business bank statements
  • Evidence of ABN registration for 6 months
  • Evidence of GST registration for 6 months
  • Declaration of financial position plus one of the following: 6 months business bank statements (inclusive of the last 1 month), 6 months business activity statements (BAS) or Pepper Money accountant’s letter

We also consider a range of income types for the self-employed including: 

  • Net profit before tax
  • Director wages/salaries
  • Addback of Depreciation
  • Addback of Interest on debts being refinanced
  • Addback of Superannuation contribution in excess of 9.5%
  • Interest & Dividend income

Note: All applications are subject to thorough credit assessment and loan suitability criteria. If you have any questions, give us a call on 13 73 77.

If you work for yourself or fall under the category of ‘self-employed’, applying for a home loan can be quite a challenge even with regular income. Unfortunately, many lenders perceive self-employed people as high-risk borrowers.

But this does not necessarily mean you cannot qualify for a home loan. It just means you might need to provide a little extra documentation and look beyond the big banks for a lending solution. Here are some tips and tricks to get your loan application approved:

Home loan tips for self-employed

On some of our loans, we offer finance up to 95% of the purchase price, meaning you can start to look at buying a house once you've saved at least 5% of the purchase price. The deposit amount may also depend on the property and area you’re looking at purchasing.

Remember, there can be extra costs involved when buying a house. You’ll need to cover government and legal fees, which can’t be added to your home loan balance.

The interest rate offered, and fees and charges will depend on our assessment of a number of factors at the time of application including:

  • The size of your deposit
  • Nature of the security property
  • Loan to value ratio (LVR)
  • Your income
  • Credit history
  • Any assets you own
  • Any liabilities or credit obligations
  • Chosen repayment type – paying off interest-only, or principal and interest
  • The purpose of the loan – if it’s for an owner-occupier or investment property

The risk loading will apply for the loan term.

To get an indicative interest rate speak you can start by using our online borrowing power calculator, or speak to one of our Lending Specialists on 137 377

Certain Pepper Money fees can be added to your loan balance, while others will need to be paid upfront – including establishment or application fees, and risk or mortgage insurance fees. Other smaller fees (like fees for an offset sub-account) will be added to your loan each month.  

You can view a summary of our home loan fees here  

You’ll also need to pay solicitor fees along with local and state government taxes and levies. These can’t be added to your loan balance and are usually paid upon settlement. 

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 137 377.

Our home loan borrowing capacity calculator asks a few personal and financial questions to calculate an estimate of how much you may be able to borrow with Pepper Money. After finding out how much you could potentially borrow, you can then either speak to a lending specialist about your situation, or continue on to get an indicative interest rate online.

See how much I can borrow

We’re one of Australia's leading non-bank lenders!

We were established in 2000 to help Australians achieve their financial dreams through providing flexible financial solutions that factor in the ups and downs of real life. Since then, we’ve become one of the largest, award-winning non-bank lenders in Australia and New Zealand.

To see the full home loan FAQs, click here


Important Information

Information provided is 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 licenced financial or ta adviser. All applications are subject to credit assessment, loan eligibility criteria and lending limits. Terms, conditions, fees and charges apply. The actual interest rate will depend on the borrower’s circumstances and the information verified during the loan application assessment.

Help at hand

Here are some handy tips and guides to help you on your self-employed home loan journey.

For more of your questions answered visit our Help Centre.

Contact Pepper Money if you are experiencing financial difficulty

Important Information

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