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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.
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.
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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.
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