Pepper Advantage Pepper Advantage (LVR >80% up to 85%)

  • 7.05%
    p.a Standard Variable
  • 7.15%
    p.a Comparison**
  • $1,835
    Upfront fees
  • $180
    Annual fees
  • 85%
    Max Lvr
  • $2,500
    Per Month*

About Pepper Home Loans

Pepper Group is a diversified, independent global financial services business with specialist experience in core disciplines of lending, advisory and asset management across the residential and commercial property sectors, consumer, auto and equipment finance. As a leading non-bank lender, Pepper Group specialise in flexible loan solutions and individual credit assessment. Their lending capabilities include home loans, car loans, personal loans, SME loans, and commercial loans, chattel mortgages, equipment leases, mezzanine debt and fit-out finance.

Standard Variable

Repayments calculated to take into account ongoing monthly and anual fees.

Monthly repayment*
rate per annum

Loan to Value Ratio

Borrow up to the maxium of 85% of the value of the property.

Lenders Mortgage Insurance, or LMI, will be payable on most loans where the borrowings are greater than 80% of the value of the property.

However, you may be able to capitalise LMI into your loan, increasing the overall loan amount by about 2% (in order to cover the cost of the insurance). Contact a loan market broker to find out how LVR and LMI might impact the cost of your loan repayments.

Capitalise LMI


For ["Equity", "Investment", "Owner Occupied"], in ["NSW", "NT", "QLD", "SA", "WA", "VIC", "TAS", "ACT"].

10 - 40 years


The level of financial documentaion and credit history required to apply for the loan.

Full Doc
Credit History
Non Conforming
Genuine Saving
Not Required

Redraw Facility

Get quick access to cash by drawing on the loan to pay for renovations or other purchases.

Redraw Facility
Min Redraw
Redraw fee

Banking Features

Given the wide range of loans on offer – with different interest rates, product features and fees – it pays to shop around to find the loan that fits your needs and circumstances. Some loans offer features that may be appropriate for your situation and result in savings over the life of the loan.

Some features you may wish to consider include:

  • an offset account;
  • ability to make extra repayments;
  • a redraw facility; and
  • linked credit card and savings accounts;
  • ability to split your loan between fixed and variable interest rates
Offset Account
Redraw Available
Credit Card
Internet Banking
Telephone Banking
BPay Option
Portability of Loan
Professional Pack
Check Account
Direct Salary Credit
Free Transactions
Minimum Redraw
Redraw Fee


You can make your repaments Fortnightly, Monthly, and Weekly.

Interest Only Option
Max Interest Only
5 years

Upfront Fees

Upfront fess associated with estabilishing the loan. Other loan set-up fees, such as valuation fees and lender's mortgage insurance, and Government charges, such as registration fees and stamp duty on property transfer, have not been included. These will be determined after application.


Ongoing Fees

Monthly and annual fees and charges during the loan period.

Ongoing Monthly

Exit Fees

Fees associated with prematurely ending the loan.

Early Repayment
Switch To Fixed


The Pepper Advantage Full Doc is a Full Documentation loan available to a broad range of applicants which considers each borrower’s unique circumstances, rather than simply being based on a credit score. Key Features: -No Lenders Mortgage Insurance (LMI) required. -Unlimited number of defaults, judgements or writs registered over 12 months prior to application accepted (paid or unpaid). -No limit on the number of debts that can be consolidated. -Available for refinance, including Non-Conforming, Private and Solicitor Loans -<1 month’s mortgage arrears at application within the last 6 months is considered. Loan Purpose: Purchases or refinance of owner occupied and investment properties, working capital for business purposes and debt consolidation. Credit History: Any number of defaults or judgments registered 12 month prior to application, paid or unpaid, and <1 month’s mortgage arrears at application within the last 6 months. Minor defaults up to $1,000 ignored. Discharged from Bankruptcy (1 day accepted). Income Documentation (PAYG): Last 2 pay slips plus either a letter of employment, latest group certificate, notice of assessment or 3 months bank statements. Income Documentation (Self-employed): Last 2 years tax returns plus last 2 years tax assessment notices Acceptable Securities: Residential securities in category 1 - 4 locations land size of 25 acres (10 hectares) Refer to Pepper’s Postcode Search for category lending limits. Minimum Manu

LVR Notes

Cash Out Policy: 0-85% LVR – NO LIMITS

Fee Notes

Mortgage Risk Fee Promotion until 16th November 2016: Reduced by 0.25% across all non-conforming products. Mortgage Risk Fee: 0.50% MRF loading will apply for loan amounts > $1m LVR: 0.50% <55% LVR: 0.50% >55% up to 65% LVR: 1.00% >65% up to 70% LVR: 1.25% >70% up to 75% LVR: 1.50% >75% up to 80% LVR: 2.00% >80% up to 85% LVR: 2.00% >85% up to 90%

*Monthly Repayments

Monthly repayments are calculated to take into account the loan amount, repayment term and ongoing fees and charges over the life of the loan.

  • Variable rate loans show the monthly repayments at the current rate.
  • Fixed rate loans show the monthly repayment during the fixed period only.
  • Monthly repayment calculations are an approximate guide only. Speak to a LoanMarket Mortgage broker to understand the exact cost of a loan given your particular circumstances.

**Comparison Rates

A comparison rate is a tool to help consumers identify the true cost of a loan. It factors in the interest rate, loan amount, repayment term and ongoing fees and charges and displays this as a single percentage rate that can be used to compare various loans from different lenders.

Monthly Repayment and Comparison Rate* calculations do not include:

  • The use of account features such as early repayments and offset accounts which vary widely among loans and can reduce the cost of a loan significantly.
  • Cost savings such as fee waivers or special rate discounts.
  • Fees and charges associated with loan options or events that may or may not be used by the borrower, such as early repayment or redraw fees
  • Lenders Mortgage Insurance (LMI) which may be required to secure the loan and can increase the cost of the loan.
  • Government charges such as stamp duty or mortgage registration fees.
  • Fees and charges which aren’t available at the time the comparison rate is provided