Self-employed full doc and alt doc home loan options
Our policies are designed for real life. We offer a range of full doc and alt doc verification options, supported by manual credit assessment, so each client’s situation can be individually considered.
Policy quick view
| Policy area | Our Approach |
|---|---|
| Loan purpose | Owner occupied or investment purchase Favourable purchase Refinancing Debt consolidation – including tax, private and business debt for eligible product options (unlimited debts) Cash out, including for business purposes for eligible product options |
| Borrower types | Individual borrowers, sole traders, partnerships Non- trading SPVs, companies and trusts. For trading entities see our commercial policy. |
| LVR | Full doc option: Up to 98% LVR including LPF (subject to eligibility and Lender Protection Fee/risk fee requirements or any applicable promotions) Alt doc option: Up to 95% including LPF (subject to security location and loan size) |
| Maximum lending | Full doc: Up to $3 million at 98% LVR including LPF or $5 million up to 80% LVR Alt doc: Up to $3 million at 95% LVR including LPF or $5 million up to 80% LVR |
| Income verification | Choice of full doc or alt doc options, depending on the borrower's circumstances, with multiple verification methods available |
| Credit assessment | Manual assessment |
| Loan options | Home loan options from Prime to Specialist Plus; Construction loan options from Prime to Near Prime |
Loan features that may help
Up to 98% LVR including LVR on residential purchases
No DTI cap
Actual repayments + 25% buffer for existing debts with other lenders (rather than a full assessment rate)
40-year loan terms
Manual credit assessment
Recognition of negative gearing for investors for eligible properties.
Full doc requirements
Options include:
Last one or two years' tax returns and Notices of Assessment; or
Accountant-prepared financial statements.
For servicing, where two years of financials are provided, we’ll generally use the average of the last two years' income, unless the most recent year is lower, in which case the lower figure is used.
At Pepper Money, we also recognise a broad range of self-employed income, including:
Net profit before tax
Directors' wages and salaries
Depreciation add-backs
Interest on debts being refinanced
Superannuation contributions above the compulsory level
Alt doc requirements
We’re one of the few major non-bank lenders offering multiple alternative income verification methods.
For residential lending, applicants generally require:
ABN registration of at least 6 months
GST registration of at least 6 months
Declaration of Financial Position
Plus, one income verification document
For income verification only one of the following is required:
Pepper Money Accountant's Letter (For ABNs ≥ 12 months)
Last six months' Business Activity Statements (BAS)
Last six months' Business Bank Statements.
Ready to help your clients find a loan that suits them?
Frequently Asked Questions
Our residential lending solutions are designed to help brokers support a broad range of investor scenarios, from first-time investors through to more complex portfolio strategies.
Investment opportunities may be available for first-time investors, subject to lending criteria, servicing and overall application assessment.
We provide options that may support self-employed borrowers and more complex income verification requirements.
Acceptable security types may include houses, villas, townhouses, duplexes, units , and residential vacant land, subject to lending and valuation requirements.
Equity release opportunities may be considered depending on the overall lending scenario, purpose of funds and supporting information provided.
Many investor enquiries involve multiple factors such as income complexity, security considerations, servicing and loan structure. Reviewing the complete scenario often provides the clearest indication of suitability.
Yes. We offer offset sub-accounts on all our variable rate home loan options. See our factsheet for more information.
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.
