Grow your portfolio with us
Whether you’re looking to buy your first investment property or growing your portfolio, we’re here to help make the property investment process easier. We don’t believe in endless jargon and long wait times. We say it how it is – you’ll deal directly with one of our lending specialists who can understand your situation and help find the right investment property home loan option.
We try and offer a way forward for each of our customers. Even if you’ve had a few blips on your credit report, or you’re looking at combining multiple assets, then talk to us about your situation. We’ll see how we can help you with your investment property loan options.
Why Pepper Money?
We're fast: Credit decision within 2 business days
We're flexible: We'll look to give you options before saying 'no'
We're accessible: Talk through your situation with us
- Unlimited debt consolidation options
- Up to 5 years interest-only
- Cash out up to 80-90% LVR
What’s a flexible credit assessment?
We don’t just look at the black and white boxes on your home loan application. We make the effort to get to know you – the person behind the application. We ask the questions that matter and look to uncover the meaning behind any blips on your credit report, which allows us to make an informed decision and an interest rate based on your ability to repay a loan with us. Interest rates are determined using a range of factors (including your property goals, income and financial details).
It’s our flexible approach that helps more Aussies achieve their dreams of buying their new home.
See what your repayments might look like
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 take the next step?
Interest options to suit you
Let's crunch those numbers
Our calculators are here to help you along your journey. From working out stamp duty to helping reach those savings targets.
Borrowing Power
Stamp Duty
Mortgage Repayments
Savings Goals
What other property investors are asking
There's no point re-inventing the wheel. Here's what other savvy investors are frequently asking us. If you're still stuck for help, then why not check out all of our home loan FAQs.
To apply for a home loan, you’ll need to provide documents to verify your identity, employment, and financial position.
To prove your identity:
Australian passport
or
International passport showing a valid Australian permanent residency visa
To prove your deposit:
Recent bank statements, showing a savings balance
Recent share trading statement, showing current value
To prove your income:
For PAYG applicants you’ll need two recent payslips plus one of the following:
• Most recent group certificate
• Most recent notice of assessment
• Current letter of employment
• Bank statements - showing last 3 months’ salary
For Self-Employed applicants, the required documents vary depending on how long you’ve been self-employed.
At least six months:
You’ll need to be able to show at least six months of GST and ABN registration and provide an declaration of financial position, as well as one of the following:6 months business bank statements, 6 months BAS-Pepper Money accountant’s letter (not accepted if ABN registered for < 12 months, on loan sizes > $1.5m or on Plus).
Over a year:
1 years’ tax returns and 1 years’ notice of assessments, or
1 years’ financial statements from a registered tax agent or accountant; and
last month of business bank statements
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 rates tend to vary for each individual, depending on a range of factors:
- The amount you need to borrow against the property value; known as the Loan-to-Value Ratio (LVR)
- The size of your deposit
- 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
You can find out what interest rate you might be eligible for in under five minutes using our home loan interest rate calculator. It’s quick, easy and won’t impact your credit score.
Different lenders charge different upfront and ongoing monthly fees, which should be factored in when saving your deposit. Some of these can be added to your loan balance, while others will need to be paid upfront – fees include establishments or application fees, and risk or mortgage insurance fees. Other smaller fees will be added to your balance each month.
You can view a summary of our home loan fees.
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.
Learn more about Pepper Money Home Loan application process or for more information speak to a Lending Specialist on 137 377.
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, most trusted, and award-winning non-bank lenders in Australia and New Zealand.
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.
Resources to help investors
Our resources are here to guide you through the process and lend a little helping hand to get your investment journey started.
The important legal bits
Information and interest rates are correct as of 15 February 2024 and subject to change at any time.
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 tax adviser.
All applications are subject to credit assessment, eligibility criteria and lending limits. Terms, conditions, fees and charges apply. Offers may be continued, withdrawn or changed at any time without notice.
~Pepper Money’s fixed interest rate promotion is only available for new home loan applications not previously submitted. Applications must be submitted between 12:00am AEST 17 April 2023 until 11:59pm AEST 12 May 2023 and formally approved by 5:00pm AEST 19 May 2023 (Promotion Period). A fixed rate lock application form will need to be submitted prior to 19 May 2023 to lock in the applicable fixed interest rate for 90 days, otherwise the fixed interest rate at settlement will apply. Home loan applications submitted after 12 May 2023 will be offered the current interest rates then applicable. Offer is not available to existing Pepper Money home loan borrowers. This offer is subject to change, and may be varied or withdrawn at any time.
#There is a non-refundable, minimum fee of $750 per home loan application payable at settlement to lock in a fixed interest rate for 90 days. For home loan balances greater than $500,000, the rate lock fee is 0.15% of the fixed interest rate loan balance at settlement. For example, for a fixed rate loan amount of $600,000 the rate lock fee will be $600,000 x 0.15% = $900. The lesser of the fixed interest rate at settlement or the applicable locked in fixed interest rate will be applied at settlement. The rate lock fee will be charged at settlement even if interest rates decrease after the rate lock request has been approved.
* Our interest rates:
Pepper Money variable interest rates range from 6.84%p.a.-12.19% p.a. (Comparison rates range from 7.02%p.a.-12.34%p.a.^) View all variable rates »
Pepper Money 2 year fixed interest rates range from 6.84%p.a.-12.19%p.a (Comparison rates range from 7.02%p.a.- 12.27%p.a.^). View all fixed rates » .
The actual interest rate will depend on the borrower’s circumstances and the information verified during the loan application assessment.
^ Comparison rate is calculated based on a secured loan of $150,000 and a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Visa Debit card is issued by Indue Limited ABN 97 087 822 464 and distributed by Pepper Finance Corporation Limited ACN 094 317 647 and/or through Pepper Money accredited mortgage brokers. Refer to the Conditions of Use and Target Market Determination (TMD).
