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ISCOVER
Staff Reporter
In a bid to secure its position as one of the nation’s pre-eminent non-bank lenders, Pepper has made a number of changes to its product suite, making the home loans more flexible.
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According to a company statement, income documentation for the Pepper self-employed advantage product now includes ABN registered income for 12 months and GST registered for six months.
In addition, 100 per cent of commissions and rental income is now allowed as acceptable income.
Finally, the non-bank lender has also increased the maximum allowable land size to 25 acres on both the Pepper self-employed advantage and Pepper flexi advantage products.
All of the changes will be effective from Monday September 5.
