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Specialist lender cuts rates by 70 points

by Staff reporter7 minute read
The Adviser

Pepper has reduced interest rates by up to 70 basis points across its specialist and near-prime home loan products.

As of today, 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 pay out ATO debts, with rates from as low as 5.75 per cent for full documentation and 6.19 per cent for alternative documentation.

Mario Rehayem, Pepper’s director of sales and distribution, said the decision to reduce interest rates was reflective of the spcialist lender's commitment to provide brokers and their clients with flexible and competitive home loan products that leverage the strength and diversity of its funding.

“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,” Mr Rehayem 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."

The lender prides itself on catering to segments of the market that are under-serviced by providing first-class service, flexible products and a commonsense approach to individually assessing loans, Mr Rehayem added.

[Related: Pepper partners with NRL team]

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