Help your clients simplify their repayments by consolidating eligible debts into a Pepper Money home loan.
Debt consolidation is available for both full doc and alt doc across a range of Pepper Money home loan options, subject to lending policy, serviceability and responsible lending requirements.
Quick view
| Loan options: Residential | Debt consolidation available | Max LVR | Eligible debts |
|---|---|---|---|
| Prime | Yes | Up to 95% | Unlimited number of consumer debts up to 80% LVR(excluding tax and business debt) may be considered. |
| Near Prime Clear | Yes | Up to 95% | Unlimited number of debts including payout of ATO debt, business, private and solicitor debts and non-mortgage arrears may be considered. |
| Near Prime | Yes | Up to 90% | Unlimited number of debts including payout of ATO debt, business, private and solicitor debts and up to 3 months non-mortgage arrears may be considered. |
| Specialist | Yes | Up to 85% | Unlimited number of debts including payout of ATO debt, business, private and solicitor debts and up to 1 months mortgage arrears and up to 6 months non-mortgage arrears may be considered. |
| Specialist Plus | Yes | LVR 80% | Unlimited number of debts including payout of ATO debt, business, private and solicitor debts and unlimited mortgage arrears and non-mortgage arrears may be considered. |
Debts we may accept
Eligible debts may include:
Credit cards
Personal loans
Store finance
Non-mortgage arrears
Mortgage arrears
Other eligible unsecured debts
On eligible loan options – full or partial payout of ATO Tax Debt
On eligible loan options – payout of business debt
On eligible loan options – payout of private debts
On eligible loan options – solicitor debts
Payday loans
Buy now pay later
Each debt must be verified and will form part of the overall credit assessment.
What you'll need to supply:
We typically rely on CCR data where available.
| Requirement | Typical documentation |
|---|---|
| Existing mortgage | Current mortgage statements (6 months from mainstream lenders. 12 months from other non-conforming lenders) |
| Credit cards | Latest statements or payout figures |
| Personal loans | Loan statements or payout letters |
| Other liabilities | Current statements |
| Property | Details of security property |
| Income | Income verification documents for the selected product |
When assessing debt consolidation, we’ll consider:
The customer's ability to service the new loan
The purpose of the consolidation
Available equity
Existing liabilities
If this meets the client’s requirements and objectives
Overall suitability of the refinance
Before you submit
A complete application helps reduce assessment time.
Before lodging, check you've included:
Statements or payout figures for every debt being consolidated
Current mortgage statement
Income verification for the selected loan product
Asset and liability details
Living expenses
Any additional supporting information required for the loan type
Need help?
If your client’s debt consolidation scenario is more complex, talk to your Pepper Money BDM or call the Scenario Team before submitting the application.
Important: Whether debt consolidation is appropriate for any client will depend on their circumstances, including serviceability, equity, credit profile and the purpose of the refinance.
If your client is experiencing financial hardship, they should speak to their current lender to see what options might be available to them.
Ready to help your clients find a loan that suits them?
Important Information
Information is correct as at [Product guide date] 2026 and subject to change at any time.
This content is for accredited Pepper Money brokers, introducers and intermediaries, including those applying for accreditation. It shouldn't be distributed to or relied upon by consumers.
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.
