Pepper Money home loans

Pepper Money has home loan rates starting from 6.84%.

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Pepper Money is a non-bank lender. Pepper Money offers a range of home loans for Australian borrowers. Check out the full table of Pepper Money products below or read more about the lender.

Compare Pepper Money home loans for November 2024

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Name Finder Score Interest Rate p.a. Comparison Rate p.a. Fees Monthly Payment
Pepper Money logo
Principal & Interest45% min. depositOwner-occupierOffset account
Pepper Money logo
Principal & Interest45% min. depositOwner-occupierOffset account
Product NamePepper Money Essential Prime Full Doc Home Loan
Interest Rate Typevariable rate
Repayment Type Principal & Interest
Interest Rate p.a.6.84%
Comp. Rate p.a.7.02%
Minimum Loan Amount$100,000
Maximum Loan Amount $2,000,000
Maximum Loan Term30 years
Maximum LVR 55%
Loan Redraw FacilityYes
Offset AccountYes
Split Loan FacilityYes
Fixed Interest OptionNo
Loan PortableYes
Extra Repayments Yes
Finder score
Interest Rate
6.84%
Comparison Rate
7.02%
Fees
Application: $599
Ongoing: $10 per month
Monthly Payment
$983
Contact BrokerView details
Pepper Money logo
Principal & Interest45% min. depositOwner-occupierOffset account
Pepper Money logo
Principal & Interest45% min. depositOwner-occupierOffset account
Product NamePepper Money Essential Prime Alt Doc Home Loan
Interest Rate Typevariable rate
Repayment Type Principal & Interest
Interest Rate p.a.7.44%
Comp. Rate p.a.7.62%
Minimum Loan Amount$100,000
Maximum Loan Amount $2,000,000
Maximum Loan Term30 years
Maximum LVR 55%
Loan Redraw FacilityYes
Offset AccountYes
Split Loan FacilityYes
Fixed Interest OptionNo
Loan PortableYes
Extra Repayments Yes
Finder score
Interest Rate
7.44%
Comparison Rate
7.62%
Fees
Application: $599
Ongoing: $10 per month
Monthly Payment
$1,044
Contact BrokerView details
Pepper Money logo
Principal & Interest15% min. depositOwner-occupierOffset account
Pepper Money logo
Principal & Interest15% min. depositOwner-occupierOffset account
Product NamePepper Money Essential Prime Full Doc Home Loan
Interest Rate Typevariable rate
Repayment Type Principal & Interest
Interest Rate p.a.7.64%
Comp. Rate p.a.7.82%
Minimum Loan Amount$100,000
Maximum Loan Amount $1,250,000
Maximum Loan Term30 years
Maximum LVR 85%
Loan Redraw FacilityYes
Offset AccountYes
Split Loan FacilityYes
Fixed Interest OptionNo
Loan PortableYes
Extra Repayments Yes
Finder score
Interest Rate
7.64%
Comparison Rate
7.82%
Fees
Application: $599
Ongoing: $10 per month
Monthly Payment
$1,065
Contact BrokerView details
Pepper Money logo
Principal & Interest30% min. depositOwner-occupierOffset account
Pepper Money logo
Principal & Interest30% min. depositOwner-occupierOffset account
Product NamePepper Money Easy Near Prime Full Doc Home Loan
Interest Rate Typevariable rate
Repayment Type Principal & Interest
Interest Rate p.a.7.74%
Comp. Rate p.a.8%
Minimum Loan Amount$50,000
Maximum Loan Amount $2,000,000
Maximum Loan Term30 years
Maximum LVR 70%
Loan Redraw FacilityYes
Offset AccountYes
Split Loan FacilityYes
Fixed Interest OptionNo
Loan PortableYes
Extra Repayments Yes
Finder score
Interest Rate
7.74%
Comparison Rate
8%
Fees
Application: $995
Ongoing: $0 per month
Monthly Payment
$1,075
Contact BrokerView details
Pepper Money logo
Principal & Interest20% min. depositOwner-occupierOffset account
Pepper Money logo
Principal & Interest20% min. depositOwner-occupierOffset account
Product NamePepper Money Easy Near Prime Full Doc Home Loan
Interest Rate Typevariable rate
Repayment Type Principal & Interest
Interest Rate p.a.7.79%
Comp. Rate p.a.8.05%
Minimum Loan Amount$50,000
Maximum Loan Amount $1,500,000
Maximum Loan Term40 years
Maximum LVR 80%
Loan Redraw FacilityYes
Offset AccountYes
Split Loan FacilityYes
Fixed Interest OptionNo
Loan PortableYes
Extra Repayments Yes
Finder score
Interest Rate
7.79%
Comparison Rate
8.05%
Fees
Application: $995
Ongoing: $15 per month
Monthly Payment
$1,080
Contact BrokerView details
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Pepper Money key facts

  • Pepper Money is a non-bank lender with businesses in Australia and New Zealand.
  • Pepper Money offers home loan products for owner-occupiers and investors.
  • This lender also offers other financial products such as car loans, loans for professional equipment, commercial loans and personal loans.
  • As a non-bank lender, Pepper Money offers flexible loans and state that they "may be able to help when others can't". This means they consider offering loans to those with low credit, those who are self-employed and they offer low-doc loans.

Pepper Money home loan features

Here are the key features and details you need to know about Pepper Money's mortgage products.

FeatureDetails
Minimum depositIt is possible to get a home loan from Pepper Money with a deposit as low as 5%.
Offset accountYou can get an offset account with several Pepper Money loans.
Alternative loansPepper Money offers loans to a wide range of borrowers that major banks may not normally service, such as those with poor credit ratings or self-employed borrowers with limited documentation. These loans generally come with a higher interest rate than you'd pay at a normal bank.
Repayment optionsMost Pepper Money home loans allow you to make interest-only repayments for a limited period. The lender also offers the standard principal and interest repayments on its loans.

How do I apply for a mortgage from Pepper Money?

When applying for any home loan, you will need various documents to establish your identity, your financial situation, employment status and details about the property.

Eligibility

The following information is general in nature and applies to most home loans. There may be specific criteria that apply for this lender.

  • Age. You must be over 18 years of age.
  • Residency. You should be a resident of Australia.
  • Employment. You should have a regular source of income.

Documents required

When you apply for a mortgage with Pepper Money you are required to provide certain information so make sure you have all your documents ready before you apply. The documents you will be expected to provide are:

📄 Property details. You can start a loan enquiry before you've bought a property. But to complete an application you need the address of the property and a signed contract of sale.

📄 Identification documents. You will need identification such as a driver's licence, passport or birth certificate.

📄 Proof of income documents. Recent payslips can establish your income.

📄 Asset and liability documents. You need to provide documents showing your current assets (savings accounts, investments) and liabilities (your outstanding debt).

How to apply for a home loan

More lenders to compare

Check out Finder's main home loans guide if you want to compare more home loans from a range of lenders. Or you could try one of the following lenders:

  • ING. This online bank is part of the global, Dutch financial group of the same name.
  • Commonwealth Bank. The nation's largest bank has a large selection of home loans and a convenient banking app.
  • UBank. This online bank is actually owned by NAB.
  • Athena. This digital fintech lender offers low-rate mortgages and an entirely online, convenient service.
  • Tiimely Home. This lender's online application tool can process your mortgage application fast. Backed by the Bendigo and Adelaide Bank.
  • Bank of Queensland. Outside of the Big Four this is one of Australia's larger banks. BOQ owns Virgin Money.
  • HSBC. The local Australian banking arm of this international bank offers various home loans.

What is Finder Score?

The Finder Score crunches 7,000 home loans across 120+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.

To provide a Score, we compare like-for-like loans. So if you're comparing the best home loans for cashback, you can see how each home loan stacks up against other home loans with the same borrower type, rate type and repayment type. We also take into consideration the amount of cashback offered when calculating the Score so you can tell if it's really worth it.

Read the full Finder Score breakdown

Compare other products from Pepper Money

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Editor

Richard Whitten is a money editor at Finder, and has been covering home loans, property and personal finance for 6+ years. He has written for Yahoo Finance, Money Magazine and Homely; and has appeared on various radio shows nationwide. He holds a Certificate IV in mortgage broking and finance (RG 206), a Tier 1 Generic Knowledge certification and a Tier 2 General Advice Deposit Products (RG 146) certification. See full bio

Richard's expertise
Richard has written 554 Finder guides across topics including:
  • Home loans
  • Property
  • Personal finance
  • Money-saving tips
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34 Responses

    Default Gravatar
    MegJune 11, 2015

    Can I please talk to a Pepper Loan’s person?

      Default Gravatar
      BelindaJune 12, 2015

      Hi Meg,

      Thanks for reaching out.

      You’ve come through to finder.com.au which is an online comparison service. We don’t represent Pepper Home Loans or their products but if you need to refinance an existing home loan, you can fill out the form on this page.

      Alternatively, you can contact the Pepper Home Loans customer service team through the information provided on their website.

      Thanks,
      Belinda

    Default Gravatar
    DanielaMay 28, 2015

    Hi

    Can some one give me a call regarding a home loan as my hubby has a bad credit on his name due to not paying on time a credit card we would like to refinance

      Default Gravatar
      BelindaJune 1, 2015

      Hi Daniela,

      Thanks for your enquiry.

      You can apply to the Pepper Money home loan products. Select ‘Go to Site’ to head over to their website.

      You can also read more about how to apply for a home loan with bad credit from our guide to bad credit home loans.

      I also recommend getting in touch with a licensed mortgage broker. A broker can help you understand your financial position and they can leverage their panel of networks to find a lender that’s more inclined to review your application.

      Thanks,
      Belinda

    Default Gravatar
    LeonieMay 15, 2015

    I would like to talk to a Peppers Mortgage broker about obtaining a home loan with bad credit history.

    Can someone please give me a call.

      AvatarFinder
      MarcMay 18, 2015Finder

      Hi Leonie,
      thanks for the question.

      Filling out the form on this page will see a Pepper lending expert give you a call back within 1 – 2 business days.

      Cheers,
      Marc.

    Default Gravatar
    belindaMay 11, 2015

    we are looking at buying a block of land, I currently have a house loan of $147600 with $6000 available redraw. looking at refinancing the house to include the land amount of $45000. I am not working, but have centrelink and child support payments of $1700 a month, my partner is on an annual wage of $75000 but is currently 2 years and 2 months into bankruptcy.

      Default Gravatar
      BelindaMay 27, 2015

      Hi Belinda,

      Thanks for your enquiry.

      You may be interested to compare home loans for Centrelink recipients. I also recommend getting in touch with a licensed mortgage broker. A broker can help you understand your financial position and they can leverage their panel of networks to find a lender that’s more inclined to review your application.

      I hope this helps.

      Thanks,
      Belinda

    Default Gravatar
    drewMay 1, 2015

    I am looking to buy a new house with my partner ,

    We have just found out that he has 2 defaults.

    His mum is selling her house and moving in with us and is putting in $100000 as a gift we also have a existing mortgage with Westpac and they have just turned us down.

    We also have 80000 equity in our house .

    We have a lot of debts but selling our house will clear this these.

    we earn $130000 a year between us.

    can you help

    Drew

      Default Gravatar
      BelindaMay 26, 2015

      Hi Drew,

      Thanks for your enquiry.

      As finder.com.au is an online comparison service, we cannot provide you with recommendation about your current situation.

      To discuss your options for a home loan with Pepper Home Loans, it would be best to speak with a mortgage broker or the lender directly.

      Thanks,
      Belinda

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