Couple thinking of getting property investment home loan
Couple thinking of getting property investment home loan

Investment property home loans are all about options

Check your borrowing power, get a rate estimate or even apply online in just a few easy steps.

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: Home loan decision within 2 business days
                     (once documents submitted)

We're flexible: Multiple loan options, if we can help, we will 

We're accessible: We’re here to talk through your situation 

 

Investment property home loan trio
 
  • No limit on the number of debts to be consolidated
  • Up to 5 years interest-only 
  • Flexible cash out options

 

     

What’s a flexible credit assessment?

We don’t just look at the boxes on your home loan application. We make the effort to get to know you – the person completing the application. We ask the questions that matter so we can understand the reasons behind any issues on your credit report, which allows us to make an informed decision and work out an interest rate based on your situation. The loan amount is worked out using a range of factors (including your property goals, income and financial details), while ensuring your requirements and objectives are met.

It’s this flexible approach that helps more Aussies achieve their dreams of buying their new home with us.

     

See what your repayments~ might look like

     

Whatever stage of the home loan journey you’re at, we could help

Talk to a real person about my options

If you’d like to have a chat about your home loan options – simply enquire online and we’ll aim to get in touch within 1 business day. 

Get my indicative interest rate

In less than 5 minutes, find out your indicative interest rate and estimated repayments˅ – without impacting your credit score.

Calculate my borrowing power

Work out how much you may be able to borrow with us. We’ll look at your income and expenses to work out your rough borrowing estimate.

Whatever stage of the home loan journey you’re at, we’re here to help

Talk to a real person about my options
Get my indicative interest rate
Calculate my borrowing power

     

 

Choose a home loan interest rate option that works for you

Variable Rates

Variable interest rate home loans start from

6.84% p.a.  variable rate*1

7.02% p.a. comparison rate^1

Submit an application by 15 August 2024 to take advantage of our variable interest rate promotion on select Loan to Value Ratios (LVRs)1. Plus, benefit from our:

  • Visa debit card+
  • 100% interest offset sub-account (fees apply)
  • Free online redraw

Fixed Rates

2-year fixed interest rate home loans start from

6.84% p.a.  2-year fixed rate*2

7.02% p.a. comparison rate^2

Until 15 August 2024, you can fix today’s variable interest rate for 2, 3 or 5 years with no break costs2

  • 2, 3, 5, 7 and 10-year loan terms
  • No break costs or early repayment fees
  • Unlimited extra repayments

     

 

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 calculator

Borrowing Power

Work out how much you may be able to borrow with us, based on your income and expenses. 
Stamp duty calculator

Stamp Duty

Work out how much stamp duty you may need to pay in each state or territory across Australia.
Mortgage repayment calculator

Mortgage Repayments

Work out your mortgage repayments and interest payable over the life of the loan.
Savings and term deposit calculator

Savings Goals

Find out how much you could save with a savings account or term deposit.

     

 

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, you’ll need to provide the following (depending on where the funds originated from):

  • 3 months’ bank statements demonstrating genuine savings 
  • Share certificate or dividend statement for any public listed company
  • Gift letters for non-repayable gifts from family
  • Contract of sale or settlement statement for proceeds of a sale of another property

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 - to confirm your last 3 months of salary 

For Self-Employed applicants, the required documents vary depending on how long you’ve been self-employed.

At least 6 months:

You’ll need to be able to show at least 6 months of GST and ABN registration and provide declaration of financial position, as well as one of the following: 6 months’ business bank statements, or 6 months’ BAS or Pepper Money accountant’s letter (not accepted if ABN registered for < 12 months, on loan sizes > $1.5m or on Plus).

Over 2 years:

Last 2 years’ tax returns and notices of assessments, or

Last 2 years’ financial statements executed by a registered tax agent or accountant


On some of our loan options, 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 needed may also depend on the property and area you’re looking at purchasing.

Remember, you’ll also need funds to be able to cover any loan fees, stamp duty and other government charges. These can’t be added to your home loan balance.

The interest rates for home loans 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 house loan balance and are usually paid upon settlement.

Your Pepper Money Home Loan Journey – from application to actual settlement – 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 most commonly caused by incorrect or missing documentation. 

Learn more about the 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 way back in 2000 to help Australians achieve their financial dreams by providing flexible financial loan options that could 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 easy questions (personal and financial) to calculate an estimate of how much you may be able to borrow with us at 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 to get an indicative interest rateˇ online.

See how much I can borrow

     

Our Product Reviews

Family celebrating in their new home

What our customers think about us

4.2

from 1,273 reviews

Exemplary customer service!

My partner and I dealt with Pepper Money for our most recent investment property purchase. The customer service team were very personable and were so responsive when it came to any questions or concerns, we had throughout the process. In my experience I have found the borrowing process with Pepper Money to be easier and more straightforward than with the larger banks. I will be referring friends and family to Pepper.

Ben
Excellent mortgage provider

This is our third mortgage with Pepper Money. I wouldn’t want to go anywhere else as they’re so friendly and happy to help in anyway they can. Well done.

Warren - Investment Property
Best rate with useful features

I just settled my new investment property with Pepper Money. I compared a lot of products from the banks, but Pepper was offering the best rate with all features I needed. Overall, their service is good and the process was quick and easy.

Kate
Exceeded expectations

I experienced great communication from Pepper Money and was supported throughout the entire loan application process. The streamlined online system for document exchange made the process easy. Overall, I’m a very satisfied customer with a new investment loan!

Loren, Melbourne
Excellent customer service

Well done to Pepper Money on getting our finance approval for our next investment property. With today's lending environment so difficult, we had almost given up hope, until we spoke to Pepper - their no-nonsense approach and responsiveness ensured a quick turnaround time for our application. We could not be happier with the service provided.

Aaron and Kathryn
Great product

Such great customer service and easy processing of our loan. Highly recommended.

Joeline, Sydney - Investment Property
Best home loan experience by far

We refinanced our investment property with Pepper Money. From start to finish it was a simple and easy process, by far the best experience we have had to date. The customer service was impeccable, and all questions were answered promptly. I highly recommend Pepper.

Melissa
Happy

We needed a loan for an investment home and the big banks were not interested - their loss now! My home loan was a little complicated, but we got there. Loan settled last week and Pepper Money have been good so far.

Jason, Melbourne

The important legal bits

Information and interest rates are correct as of 8 April 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. Promotions are subject to change and may be varied or withdrawn at any time. Applications submitted after the Promotion period will be offered the current interest rates then applicable. 

*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 on a secured loan of $150,000 for 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. 

1Variable interest rate promotion (Promotion) applies to select LVRs for new home loan applications submitted between 12:00 am AEST 8 April 2024 and 11:59 pm AEST 15 August 2024.

2Pepper Money’s fixed interest rate promotion is only available for new home loan applications not previously submitted. Applications must be submitted between 12:00 am AEST 8 April 2024 until 11:59 pm AEST 15 August 2024. To lock in the interest rate at Final Approval, a fixed rate authority lock form must be submitted (fees apply#).  

#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.

˅An indicative interest rate and estimated repayments 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.

~The results of the home loan repayment calculator are based on information you have provided in the calculator including a selected interest rate, loan term and loan amount and is to be used as a guide only. The interest rates do not reflect true interest rates and the formula used for the purpose of calculating estimated home loan repayments is based on the assumption that interest rates remain constant for the chosen loan term. The output of the calculator is subject to the assumptions in the calculator (see 'about this calculator') and subject to change. It does not constitute a quote, pre-qualification, approval for credit or an offer for credit and you should not enter commitments based on it. Your interest rate, repayments and interest payable will be different when you complete a full application and we capture all details relevant to our responsible lending assessment. The results of this calculator does not take into account loan setup or establishment or monthly administration fees nor government, statutory or lenders fees, which may be applicable from time to time. Calculator by Widget Works.

+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).

Get in touch with a Lending Specialist

Tell us about your situation. The more we learn, the better we can help.