Near Prime Non-standard regulated consumer loan (CRE Loan) - Near Prime Full Doc
Our variable rate home loan options give you the flexibility to manage your money how and when you want. You’ll get access to our online loan portal, the freedom to make additional repayments along with the option for a 100% interest offset sub-account.
- From (owner occupied)
- 8.64%
- Variable
Interest Rates
Owner occupied — Principal & interest
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable | 8.64% | — | Up to 50% |
| Variable | 8.64% | — | >50 - 60% |
| Variable | 8.74% | — | >60 - 65% |
| Variable | 8.74% | — | >65 - 70% |
| Variable | 8.99% | — | >70 - 75% |
| Variable | 9.09% | — | >75 - 80% |
Owner occupied — Interest only
Fees
| Fee | Type | Amount |
|---|---|---|
| Near Prime Establishment Fee Charged once at loan establishment for near prime commercial mortgage applications. | Upfront | 1.25% of balance |
| Near Prime Admin Fee Charged monthly · Charged monthly per account split for ongoing administration of the loan. | Ongoing | $25.00 |
| Legal Fee Covers standard legal costs incurred at loan establishment. | Upfront | $825.00 |
| Legal Disbursements Third-party legal costs such as searches and registrations, charged at cost. | Upfront | Variable |
| Discharge Fee Charged per plan when the loan is fully discharged. | Exit | $500.00 |
| Valuation Fee | Upfront | Variable |
| Early Repayment Fee Only applicable if the loan is repaid within the first 3 years. | Event |
Features
- Offset account
- 100% Interest Offset sub-account. Manage loan interest charged with an Offset sub-account.
- Redraw facility
- Redraw Facility (minimum redraw amounts apply). Make additional repayments and redraw at any time.
- Extra repayments
- Additional repayments. Make extra repayments at any time, subject to terms and conditions.
- Flexible Loan Terms. 1-30 year loan terms are available.
- Digital banking
- Provides borrowers online access to view and manage loan accounts.
- Repayment option - choose between variable and interest only (max 5 years) repayments.
Eligibility
- Minimum age — 18 yearsIndividual borrower must be 18 years + to enter into a contract.
- Residency status — Only available to Australian Citizens or Permanent Residents.
- All applications are subject to credit assessment and eligibility criteria.
Constraints
- Minimum limit — $200,000.00
More Information
Published by Pepper Money under the Consumer Data Right · Last updated 10 July 2026 · Product ID PEP06031