Non-bank unveils August promotion

by Madison Utley31 Jul 2019

A non-bank lender has announced a promotion scheduled to run until 30 August to benefit brokers and their customers.

Pepper Money is offering discounted interest rates in various LVR bands across its prime and near prime products, for both full documentation and alt doc customers, excluding construction loans.

“The changing lending environment means customers are discovering the benefits of choosing a non-bank lender the first time, in order to get the loan they need, when they need it,” said Aaron Milburn, director of sales and distribution for Pepper Money.

“Our goal at Pepper is to help more families and more people achieve the goal of home ownership in Australia. We know that in real life, the right rate can make all the difference.”

Under the promotion, brokers can offer customers interest rates on Pepper’s suite of prime home loans from as low as 3.36% (3.56% p.a. comparison rate) and 4.26% p.a. (4.76% p.a. comparison rate) for near prime loan applicants.

“These rates, along with the more personalised service and faster decisions that brokers and their customers receive from Pepper Money, make this offer really compelling,” said Milburn.

“We are committed to providing brokers and their customers with flexible and competitive home loan products to help them achieve their goals. That’s why we offer real life solutions for all sorts of real life situations,” he added.