We consider all income equally
Everyone is different and we all make a living in different ways. Why should someone working 9 to 5 be treated any differently to those self-employed, working shifts or receiving support? We don’t think it’s fair – and that’s why we’re here to make home loans more manageable for alternative income earners.
We treat you more like a 9 to 5 earner. We assess 100% of your casual or second job income, overtime, commission, or bonuses when calculating your income. We keep this approach to any Centrelink, child support, or housing allowances that you receive. So regardless of how you make ends meet, we’ll see if we can help you find a way to achieve your property dreams.
It’s this real life approach to lending that lets us understand the person behind the application and look beyond just their credit score. This helps us try and find a way forward for each of our customers.
Talk to us about your situation and let’s see how we can help.
Why Pepper Money?
We're fast: Credit decisions within 2 business days
We're flexible: Multiple loan options, if we can help, we will
We're accessible: We’re here to talk through your situation

How we can help
- Unlimited debt consolidation options
- Apply with recent mortgage or debt arrears
- 100% bonus, overtime, car allowance and second job income assessed
- Parental leave payments from your employer
- 100% Centrelink, housing allowance, child support income assessed
- 80% rental income assessed
- Cash out up to 80% 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.
What other home buyers are asking
There's no point re-inventing the wheel. Here's what other savvy home buyers are frequently asking us. If you're still stuck for help, then why not check out all of 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:
3 months banks 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 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, 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:
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 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 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.
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.
This is a calculation based on your total income, expenses, current credit exposure and your credit history. You can estimate your borrowing capacity in under 5 minutes using our home loan calculator - it’s quick, easy and won’t impact your credit score.
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.
The important legal bits
Information and interest rates are correct as of 16 November 2023 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.
*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.^)
Pepper Money 2 year fixed interest rates range from 7.54%p.a. - 12.89%p.a (Comparison rates range from 7.16%p.a. - 12.45%p.a.^).
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.
˅An indicative interest rate and estimated repayments are not a formal approval for a loan, so don’t enter any financial commitments based on it. They are a guide only, based on the basic information you provide and the credit score we obtain for the primary application and is not a suggestion or recommendation of any loan product.
+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).