A helpful guide to company, trust
and SPV borrowers
Here’s a quick update to help you place deals for clients borrowing through a company, trust or SPV (special purpose vehicle) with confidence.
In light of the recent lender appetite tightening for SPV lending, it helps to know what really helpful loan options are available to you and your clients. So, let’s break down how these deals work with us, and what you need to know before you lodge.
Who you can help
Catering for individual or non-trading corporate trustees, our helpful home loan options could help your clients to structure the deal in a way that suit their needs.
When it comes to SPV borrowers, we need to make sure that the structure is being used for property ownership and not operating a business.
How we assess SPV deals
To build a clear picture, we look at:
The SPV itself, including:
- Total annual rental income (shaded at 80%)
- Existing loans repayment + 25% buffer.
- Negative gearing benefits applied with the total debt owed added to investment property loan balance.
- Property related costs: insurance, utilities, rates, strata fees, and land tax.
When your client will need an Accountant’s Letter?
They’ll need one when the guarantor is linked to other companies or trusts, especially where there’s activity on these entities credit file, and they don’t want the connected SPV’s income, expenses and property related costs included in servicing.
It’s not about confirming whether the client can afford the loan. If the accountant can’t confirm self‑sufficiency, we’ll include those entities in serviceability.
If the companies and trusts are trading, we’ve got a commercial loan option that could help.
Information is correct as of 3 March 2026 and subject to change at any time.
Information is for Pepper Money accredited mortgage brokers only and isn’t to be shared with clients.
Applications are subject to credit assessment, eligibility criteria and lending limits. Terms, conditions, fees and charges apply. Information provided is factual information only and isn’t intended to recommend any financial product(s) or constitute tax advice. If you require financial or tax advice, consult a licensed adviser.
© Pepper Money Limited ABN 55 094 317 665; AFSL and Australian credit licence 286655 is the servicer of home loans provided by Pepper Finance Corporation Limited ABN 51 094 317 647.
