What is specialist lending?

Pepper Money logo in office

Discover how our flexible approach to home loans could help your clients.

A specialist home loan might be an option for your clients for several reasons: they may be recently self-employed, have a past bankruptcy, receive a non-traditional income, or be behind in bill repayments. However, these situations are just a part of their story – after all, real life happens to everyday Australians who can move forward.

We work with you to understand your client’s situation – from their current employment to their past credit history.

Why a Specialist solution could work for your client

Does not meet mainstream criteria

Doesn't meet mainstream criteria

  • Recently self-employed with 6 months ABN or GST registration
  • Alternative documentation
  • No limit to cash out for stated purpose (subject to loan size and LVR)
Real life income

Real life income

  • Centrelink Family Tax Benefits A & B accepted
  • 100% of Child Support or Maintenance payments accepted
  • Family Support payments are considered on merits of application and not excluded after a certain age
  • Employer and Government paid maternity leave payments are accepted.
Credit history

Credit history

  • Unlimited defaults, mortgage and non-mortgage arrears considered
  • Part IX and Part X arrangements considered
  • Discharged from bankruptcy (1 day)
Debt consolidation

Debt consolidation

  • Consolidate unlimited debt
  • Payout tax debts
  • Payout private or solicitor debts.

More options for you and your clients

Specialist lending - also known as non-conforming lending - can provide more options when an applicant doesn’t typically conform to the major banks' standard loan criteria.

If your clients are having trouble getting a home loan because of their credit history, type of employment, or their income doesn't tick the right boxes, a specialist home loan could be an option.


How can I introduce a specialist home loan to my client?

If a specialist lending solution may be suitable for your client, our 5 Step Process can help you position it when they may have expected a home loan from a traditional lender.


PPS: Find your client's fit

Pepper Product Selector enables you to find a home loan option for your client in under five minutes*. Answer a simple set of questions about their situation, and we’ll combine their credit score to provide an indicative offer with estimated repayments, fees and interest rate^. Best yet, it’s free and won’t impact their credit score.



Broker submits scenario of client to non-bank lender

Non-bank lending making a real life difference.

Have a client with a similar situation? Put us to the test.

*Before using Pepper Product Selector, it is important to ensure you have received your customer’s written consent to act on their behalf as an Access Seeker. Applications are subject to the credit assessment, eligibility criteria and lending limits. 

^An indicative offer is not a formal approval for a loan and financial commitments must not be entered into based on it. It is not a suggestion or recommendation of any particular loan product. It is a guide only based on the limited information provided and the credit score obtained.  The actual interest rate and fees will depend on the borrower’s circumstances and the information verified during the loan application assessment.

All Applications are subject to credit assessment, eligibility criteria and lending limits. Terms, conditions, fees and charges apply. 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 licensed financial or tax adviser.

Pepper Money Personal Loans is a brand of Pepper Money Limited. Credit is provided by Now Finance Group Pty Ltd, Australian Credit Licence Number 425142 as agent for NF Finco 2 Pty Limited ACN 164 213 030. Personal information for Pepper Money Personal Loans is collected, used and disclosed in accordance with Pepper Money’s Privacy Policy & the credit provider’s Privacy Policy.

©Pepper Money Limited ABN 55 094 317 665; AFSL and Australian Credit Licence 286655 (“Pepper”). All rights reserved. Pepper is the servicer of home loans provided by Pepper Finance Corporation Limited ABN 51 094 317 647. Pepper Asset Finance Pty Limited ACN 165 183 317 Australian Credit Licence 458899 is the credit provider for asset finance loans. Pepper and the Pepper Money logo are registered trademarks of Pepper Group Assets (Australia) Pty Limited and are used under licence.

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