Here is the latest update from Pepper Money. You can access Pepper Money products through our direct to lender mortgage club and get the benefits of payment on completion. You can also use our Fees Free Mortgage Packager.
There are more mortgage products available than ever, however affordability remains a challenge for many customers. This is why a human approach to underwriting is crucial, as it’s designed to consider people, not credit scores. Enabling your customers to get a fairer – and often more generous – lending decision.
Why choose Pepper Money when looking at Income and affordability?
- 100% bonus, overtime and commission evidenced over the last 3 months
- 100% of second incomes acceptable after 3 months in role
- Additional income acceptable from Universal Credit and Disability Living Allowances accepted
- No debt-to-income ratio
- Latest years self-employed figures used for affordability
- One years figures acceptable
- Add backs accepted for controlling Limited Co Directors, including use of home office & pension contributions
- Salary and share of net profit is acceptable
Our service
- No painstaking paperwork
- Direct access to underwriters.
- Less time-consuming process
- Human approach to underwriting on all cases
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