Our Home Loan Options

Find your clients' fit with our wide range of home loan options

Pepper Product Selector
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Specialist Lending is all about providing alternative solutions

We can assist you to help a wide range of clients by always looking at the bigger picture. We take your clients’ individual circumstances into account, and may be able to consider situations that some traditional lenders will decline.

Common reasons why borrowers may need a specialist lender:

Some of the common scenarios we receive do involve credit impairment that can often occur following a ‘life event’ like a marriage breakdown or a job loss. Other times it may be a borrower’s income sources or employment type that is preventing them from securing finance. Whatever the circumstances, if an application doesn’t meet traditional lending criteria, it is definitely time for a second opinion.

Doesn't meet mainstream criteria

Doesn't meet mainstream criteria

  • Failed to pass credit scoring 
  • Previously been declined 
  • New permanent residents AU or NZ
Requires flexible solution

Requires flexible solution

  • Multiple debts to consolidate 
  • Needs to payout business/IRD debt
  • Cash out needed for business purposes
  • Refinance of private/solicitor finance
Impaired credit history

Impaired credit history

  • Discharged bankrupt
  • Late payments or mortgage arrears
  • Defaults, judgements or writs
Can't provide traditional documentation

Can't provide traditional documentation

  • Self-employed 24 months
  • NZBN registered 6 months
  • Income from casual employment
  • Government income from family payments

Three loan products, and only one application  –
Let Pepper Money do the work

We use our cascading credit model to assess applications. We will always assess your client’s application under the Prime product first, and then, will automatically reassess across our Near Prime and Specialist home loans if it does not fit Prime criteria. Where we can, we will provide a solution for your client, saving you the time and effort of reapplying.

Pepper offers floating as well as 2 and 3 year fixed interest rates and alternative documentation (alt doc) home loans across our range of products.

pepper prime home loan option

Prime

A standard home loan range with competitive interest rates, flexible repayment options and typical loan features.

Floating interest rate starting from

% p.a.*

  • 2 and 3 year fixed rate options available
  • Alternative documentation (alt doc) available
  • Redraw facility 
  • Gifted deposits and other ‘non-genuine’ savings considered
  • Consolidate up to 4 debts and cash out for acceptable personal purposes
  • Paid defaults up to $500 are considered
  • Option to split the loan

  • Establishment fee: $1,499
  • Monthly administration fee: $10 per month (split)
  • View a detailed summary of our home loan fees here
Pepper Near Prime

Near Prime

A home loan range for borrowers on the cusp of prime with a clean credit history for the last 2 years.

Floating interest rate starting from

% p.a.*

  • 2 and 3 year fixed rate options available
  • Alternative documentation (alt doc) available
  • Redraw facility 
  • Gifted deposits and other ‘non-genuine’ savings considered
  • Unlimited cash out (requires verification)
  • Defaults and judgements registered > 24 months considered (includes discharged bankruptcy)

  • Establishment fee: $1,499
  • Monthly administration fee: $15 per month (split)
  • View a detailed summary of our home loan fees here
Pepper Specialist

Specialist

A home loan range for borrowers unable to meet bank criteria and/or credit impairment within last 2 years.

Floating interest rate starting from

% p.a.*

  • 2 and 3 year fixed rate options available
  • Alternative documentation (alt doc) available
  • Redraw facility 
  • Gifted deposits and other ‘non-genuine’ savings considered
  • Unlimited cash out up to 75% LVR (requires verification)
  • Defaults and judgements registered < 24 months considered (includes discharged bankruptcy)
  • Unlimited mortgage arrears and non-mortgage arrears within last 6 months
  • Newly self-employed 6 month NZBN accepted

  • Establishment fee: $1,499
  • Monthly administration fee: $15 per month (split)
  • View a detailed summary of our home loan fees here

To download our complete product guide and access our rate card, log in to the Pepper Money Financial Adviser Portal

 

The default interest rate is equal to the interest rate applicable to the loan account at the time of default + 2% p.a.

All loan applications are subject to the lender completing responsible lending checks and considering the borrower’s individual circumstances.

Join the growing number of brokers who are finding more solutions with Specialist Lending

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Information is correct as at 24 September 2025 and subject to change at any time.

Applications are subject to credit assessment, eligibility criteria and lending limits. Terms, conditions, fees and charges apply. 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 licensed financial or tax adviser.

Applications lodged after the Promotion period will be offered the application interest rate, fees, and credit policy then applicable. Promotions are subject to change and may be varied or wothdrawn any time.

1Loan Protection Fee promotion applies to new Prime Full Doc residential property applications up to 90% LVR. Refer to the rate card for our full range of interest rates and fees. Applications must be submitted between 12:00am AEDT 1 April 2025 and 11:59pm AEST 18 November 2025.

*Before using Pepper Product Selector, it is important to ensure you have received your customer’s written consent to act on their behalf as an Access Seeker. Applications are subject to the credit assessment, eligibility criteria and lending limits.

An indicative offer is not a formal approval for a loan and financial commitments must not be entered into based on it. It is not a suggestion or recommendation of any particular loan product. It is a guide only based on the limited information provided and the credit score obtained. The actual interest rate and fees will depend on the borrower’s circumstances and the information verified during the loan application assessment.