Specialist lender cuts rates by up to 70bps

by Julia Corderoy25 Feb 2015
Pepper has cuts rates by up to 70bps across a range of its specialist and near-prime home loan products.

The new low rates, effective from Tuesday 24 February, apply across the Pepper Advantage and Pepper Easy product suites.

Brokers will now be able to access Pepper’s suite of non-conforming home loans offering unlimited debt consolidation, unlimited credit impairment, and the ability to payout ATO debts with rates from as low as 5.75%p.a. for full documentation and 6.19%p.a. for alternative documentation.
Mario Rehayem, director of sales and distribution at Pepper, says this reflects Pepper’s commitment to provide brokers and their clients with flexible and competitive home loan products.
“Pepper continues to deliver on its title of Australia’s ‘Best Specialist Lender’ and ‘Best Self-Employed Lender’ by combining a compelling service offering for our clients, with very competitive pricing across our range of full doc. and alt doc. home loans,” he said.

“Our value proposition remains firmly entrenched in providing industry leading service standards and we are committed to providing same day turnaround for applications submitted to us before 12pm.”
Pepper was crowned Australia’s ‘Best Specialist Lender’ for the third consecutive year at the Australian Lending Awards held in Sydney last week. 

The lender also took out the ‘Best Self-Employed Lender’ ahead of a number of industry heavyweights including Commonwealth Bank and RAMS.

“We pride ourselves on catering to segments of the market that are under-serviced, by providing first-class service, flexible products and a common sense approach to individually assessing loans,” Rehayem said.