Mortgage News February 26, 2020
ME Bank and Pepper Rate Reductions

Effective 14th April, ME Bank reduced its 3 year fixed rates, and Pepper reduced its Flexi Advantage, Self Employed Advantage and Easy Full Doc products.

Check out the new rates in iLend™.

 Lender

Product

Initial Rate

+/-

ME Bank

3 Year Fixed

4.69%

-0.05%

ME Bank

Interest Only Investment 3 Year Fixed

4.69%

-0.05%

ME Bank

Member Package 3 Year Fixed

4.69%

-0.05%

ME Bank

Member Package Interest Only Investment 3 Year Fixed

4.69%

-0.05%

Pepper

Flexi Advantage

6.19%

6.29% if LVR > 55%

6.89% if LVR > 65%

7.35% if LVR > 70%

7.55% if LVR > 75%

8.1% if LVR > 80%

-0.30%

Pepper

Flexi Advantage PLUS

6.69%

6.79% if LVR > 55%

7.39% if LVR > 65%

7.89% if LVR > 70%

8.24% if LVR > 75%

-0.65%

Pepper

Flexi Advantage (Jumbo Loan)

6.54%

6.64% if LVR > 55%

7.24% if LVR > 65%

8.1% if LVR > 70%

8.49% if LVR > 75%

-1.01%

Pepper

Pepper Easy (Full Doc)

6.19%

6.29% if LVR > 65%

6.69% if LVR > 70%

6.89% if LVR > 75%

7.45% if LVR > 80%

7.9% if LVR > 85%

-0.30%

Pepper

Self-Employed Advantage PLUS

7.14%

7.64% if LVR > 65%

7.99% if LVR > 70%

-0.30%

Pepper

Self-Employed Advantage (Jumbo Loan)

6.99%

7.49% if LVR > 65%

7.84% if LVR > 70%

8.8% if LVR > 75%

-0.76%

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