Pepper Money Home Loans

Rates and fees last updated on

Pepper MoneyWith a deposit as low as 10%, Pepper Money may be able to offer a financial solution for borrowers with impaired credit histories.

A negative mark on your credit file doesn't have to exclude you from financial solutions. Pepper Money is a leading specialist lender offering home loans for prime and non-conforming borrowers who are employed on Pay As You Go (PAYG) or self-employed.

If you have negative credit listings on your file but can come up with a 10% deposit and you're not currently bankrupt, Pepper Money can offer you the opportunity to get a home loan or to consolidate your debts into a new home loan.

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Pepper Money is a well-established global credit provider offering loans for those looking to refinance for cash out or to consolidate debt to purchasing with a less than perfect credit history.

  • Individual and personalised assessment with a decision maker.
  • Competitive interest rates matched to your circumstances.
  • Borrowers with impaired credit history considered.

Pepper Home Loans Lender Logos

Best Non-Bank BDM

Better Business Awards 2017

Compare Pepper Money home loans

Rates last updated December 18th, 2017
$
Loan purpose
Offset account
Loan type
Your filter criteria do not match any product
Name Product Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment Short Description
4.04%
4.23%
$599
$10 monthly ($120 p.a.)
55%
A low rate home loan which rewards those with a larger deposit.
4.20%
4.39%
$600
$10 monthly ($120 p.a.)
65%
A competitive rate plus the ability to split your rate up to four times.
4.24%
4.43%
$599
$10 monthly ($120 p.a.)
70%
Get rewarded with a low rate for a deposit of at least 20%.
4.30%
4.49%
$599
$10 monthly ($120 p.a.)
75%
A home loan with redraw facility and split rate options.
5.29%
5.64%
$995
$15 monthly ($180 p.a.)
55%
A simple loan for those with a clean credit file for the past 24 months.
5.29%
5.64%
$995
$15 monthly ($180 p.a.)
65%
Purchase a property or refinance. Must have a clean credit file for the last 24 months.
5.49%
5.90%
$995
$15 monthly ($180 p.a.)
70%
Enjoy extra repayments with no penalties and a rate reduction if you make your payments on time for 12 months.
5.69%
6.12%
$995
$15 monthly ($180 p.a.)
75%
A competitive home loan with redraw facility designed for those with a clean credit file for the last 24 months.
5.74%
6.17%
$995
$15 monthly ($180 p.a.)
80%
Unlimited defaults, judgements and writs registered greater than 24 months before applying.
6.40%
6.87%
$995
$15 monthly ($180 p.a.)
85%
Make additional repayments and access them again through the redraw facility.
7.44%
7.94%
$995
$15 monthly ($180 p.a.)
80%
A home loan available for those who are credit impaired.
7.19%
7.66%
$995
$15 monthly ($180 p.a.)
75%
This loan considers borrowers with some negative credit listings.
6.69%
7.13%
$995
$15 monthly ($180 p.a.)
70%
A home loan designed to give those with impaired credit a chance.
6.14%
6.58%
$995
$15 monthly ($180 p.a.)
65%
A home loan for the credit impaired with redraw facility.
6.04%
6.45%
$995
$15 monthly ($180 p.a.)
55%
A flexible home loan which will help those with certain credit file issues.
7.99%
8.53%
$995
$15 monthly ($180 p.a.)
90%
A home loan for those who fall outside of regular bank lending criteria.
7.30%
7.83%
$995
$15 monthly ($180 p.a.)
85%
Make extra repayments towards your loan, available to those with impaired credit.
6.95%
7.42%
$995
$15 monthly ($180 p.a.)
80%
A home loan which can be used for debt consolidation, purchasing and refinancing.
6.75%
7.19%
$995
$15 monthly ($180 p.a.)
75%
Get a discount on your rate for having a larger deposit.
6.29%
6.70%
$995
$15 monthly ($180 p.a.)
70%
A home loan which considers those with impaired credit.
5.59%
5.94%
$995
$15 monthly ($180 p.a.)
55%
Purchase a home even if you have negative listings on your credit file.
5.64%
6.05%
$995
$15 monthly ($180 p.a.)
70%
5.44%
5.79%
$995
$15 monthly ($180 p.a.)
55%

Compare up to 4 providers

Rates last updated December 18th, 2017
$
Loan purpose
Offset account
Loan type
Your filter criteria do not match any product
Name Product Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment Short Description
4.54%
4.73%
$599
$10 monthly ($120 p.a.)
55%
A competitive rate offered to low doc borrowers.
5.04%
5.23%
$599
$10 monthly ($120 p.a.)
65%
Get a flexible loan even if you're self-employed.
5.34%
5.63%
$599
$10 monthly ($120 p.a.)
75%
Enjoy a home loan for self-employed borrowers with no genuine savings required.
5.69%
6.06%
$995
$15 monthly ($180 p.a.)
55%
Apply even with defaults, judgements and writs registered on your file greater than 36 months ago.
5.69%
6.06%
$995
$15 monthly ($180 p.a.)
65%
A home loan for those who are low doc borrowers and have had a clean credit file for the last 36 months.
5.84%
6.25%
$995
$15 monthly ($180 p.a.)
70%
This loan accepts low doc borrowers who have defaults, judgements and writs on their credit file as long as they were lodged greater than 36 months ago.
6.05%
6.48%
$995
$15 monthly ($180 p.a.)
75%
Borrow with a deposit of at least 20% and get a rate discount.
6.05%
6.48%
$995
$15 monthly ($180 p.a.)
80%
A competitive loan for self-employed borrowers who were credit impaired in the past.
6.39%
6.83%
$995
$15 monthly ($180 p.a.)
65%
A competitive rate offered to those who are self-employed and are credit impaired.
6.99%
7.46%
$995
$15 monthly ($180 p.a.)
70%
A loan designed for those who have negative marks on their credit file.
7.29%
7.79%
$995
$15 monthly ($180 p.a.)
75%
A home loan for self-employed borrowers who are credit impaired.
6.45%
6.89%
$995
$15 monthly ($180 p.a.)
70%
Self-employed borrowers can enjoy interest only options and flexible repayments.
6.95%
7.42%
$995
$15 monthly ($180 p.a.)
75%
This self-employed home loan allows borrowers to make free additional repayments.
7.19%
7.69%
$995
$15 monthly ($180 p.a.)
80%
A self-employed home loan with four loan splits available.
7.95%
8.49%
$995
$15 monthly ($180 p.a.)
85%
Interest only options and a redraw facility are offered on this home loan.
5.99%
6.40%
$995
$0 p.a.
70%
5.84%
6.21%
$995
$0 p.a.
55%

Compare up to 4 providers

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How can Pepper Money home loans benefit me?

  • Wide eligibility criteria. The home loans that Pepper Money offers can suit a variety of people, as long as you can produce a 10% deposit and are not currently bankrupt. Whether you are self-employed, investing, are credit impaired or don't conform to the traditional lenders' lending criteria, Pepper Money can offer loans to people with previous lending defaults, judgements and writs against them. This can, in certain cases, include unpaid defaults.
  • Consolidate as many debts as you like. Most lenders only let you consolidate up to four debts. Pepper Money will let you consolidate as many as you like.
  • No Lenders Mortgage Insurance (LMI). There is no third party lenders mortgage insurance approval.
  • Flexible uses. A Pepper Money home loan may be used to pay outstanding ATO debts by tapping into the equity of your home.
  • You can apply from one day after you've been discharged. Pepper Money can consider your loan application one day after being discharged from bankruptcy. Most lenders will require that you've been discharged for a minimum of two years.
  • You need have been trading for a minimum of one year. If you're a business owner, most lenders will require two years' worth of your Business Bank Statement (BBS) or Business Activity Statement (BAS). Pepper Money only requires one.
  • You can still have unpaid defaults. You can have any number of defaults or judgements registered 12 months prior to your application, paid or unpaid.

How to apply for a home loan from Pepper Money

When you apply for a home loan with Pepper Money you can be sure that they will only lend what you can afford to pay. You can read more about Pepper Money home loans and compare them by clicking any of the links in the table above. This will take you to a review of the home loan, explaining who it suits, how to apply and more.

Am I eligible?

  • You need at least 10% deposit available
  • You are not currently bankrupt

What documentation would I be required to provide?

For a full doc loan:
  • PAYG - Last two pay slips plus either a letter of employment, latest group certificate, tax assessment notice or three months of bank statements
  • Self employed - Last two years' tax returns plus two years' tax assessment notice
For an alt doc loan:
  • Your ABN has been registered for 12 months
  • GST registered for six months
  • Declaration of financial position, plus six months of BBS, six months of BAS or Pepper Money Accountant's Letter. A Pepper Money Accountant's Letter is a template Pepper Money provides your accountant to fill in and return.

Pepper Money's home loans have a variety of features and flexible criteria, so you can ensure you are getting a product that will suit your needs.

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This page was last modified on 1 December 2017 at 8:56am.

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30 Responses

  1. Default Gravatar
    GeofFebruary 23, 2016

    thank you Belinda yes I have used the calculator I as hoping for information like deposits etc

    • Staff
      BelindaFebruary 24, 2016Staff

      Hi Geof,

      Your welcome.

      I’ve sent you an email so I can better understand your situation.

      Regards,
      Belinda

  2. Default Gravatar
    GeofFebruary 23, 2016

    I would like to know what costs i would need to buy a house, the amount is $150,000 its my 1st house and I am 52yo

    • Staff
      BelindaFebruary 23, 2016Staff

      Hi Geof,

      Thanks for reaching out.

      If you’d like to estimate the costs of buying a property, you can use our property buying cost calculator. It’s also worth speaking to a licensed mortgage broker to ensure that you understand the full costs of purchasing and owning property.

      Thanks,
      Belinda

  3. Default Gravatar
    GregJuly 7, 2015

    I have bad credit from a old visa card which i paid out and a AGL bill. I was wondering how hard will it be for me to get a home loan,

    • Staff
      BelindaJuly 8, 2015Staff

      Hi Greg,

      Thanks for your enquiry.

      Although lenders have different eligibility criteria, it may be possible for you to still apply for a home loan even with a bad credit rating.

      On this page, you can learn more about how to improve your chances of being approved for a home loan, and you can enquire with a lender to discuss your options.

      Thanks,
      Belinda

  4. Default Gravatar
    MegJune 11, 2015

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

    • Staff
      BelindaJune 12, 2015Staff

      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

  5. 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

    • Staff
      BelindaJune 1, 2015Staff

      Hi Daniela,

      Thanks for your enquiry.

      You can enter your details on this page to speak to a specialist from Pepper Home Loans to discuss your options about refinancing.

      You can also read more about how to apply for a home loan with bad credit on this page.

      Thanks,
      Belinda

  6. 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.

    • Staff
      MarcMay 18, 2015Staff

      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.

  7. 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.

    • Staff
      BelindaMay 27, 2015Staff

      Hi Belinda,

      Thanks for your enquiry.

      As finder.com.au is an online comparison service, we cannot provide advice regarding your circumstances or eligibility for a loan.

      However, you may be interested to compare home loans for centrelink recipients and locate a list of mortgage brokers on this page.

      I hope this helps.

      Thanks,
      Belinda

  8. 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

    • Staff
      BelindaMay 26, 2015Staff

      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

  9. Default Gravatar
    catherineMarch 27, 2015

    Hi, I have a small default of $400 only. I have six children and I am married. My husband is self employed but only earns so far a net amount of around $24000. I am on government benefits. We own 30 acres with a weekender on it in Tara qld. I also own a share in a house in Laidley qld. We don’t have much deposit but have been told that we can use our land as equity. I know I can afford to repay a home loan due to paying rent and other loans but the banks won’t look at us. I really want to make my kids future better. Please are you able to help me buy a home. I would only require around $180000.

    • Staff
      ShirleyMarch 30, 2015Staff

      Hi Catherine,

      Thanks for your question.

      To be eligible for a Pepper home loan, you need to have an existing home loan that you’re looking to refinance, plus have at least 10% deposit.

      If you find that none of these loans are suitable for your situation, there is always the option of speaking to a home loan broker. They’ll be able to help you further should need further help in narrowing down a suitable home loan option.

      Cheers,
      Shirley

  10. Default Gravatar
    jeetenMarch 20, 2015

    my client have 20 % deposit but have a bad credit history but already paid off.

    he had a credit default do he still able to apply for home loan

    • Staff
      ShirleyMarch 23, 2015Staff

      Hi Jeeten,

      Thanks for your question.

      Based on the information you have provided, he may be eligible for a home loan from Pepper.

      If you would like to discuss your eligibility or options, please get in touch with Pepper directly by filling in the form above.

      Cheers,
      Shirley

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