flagFounded: Founded in 2011, parent company founded 2003

businessOwned by: Connective, a privately owned mortgage broking aggregator

monetization_onFunded by: Bendigo and Adelaide Bank ltd

securityLMI Provider: Genworth and QBE LMI

account_balanceLender type: Non-Bank, Mortgage Manager

Connective Home Loans is a non-bank lender owned by Connective, Australia’s largest mortgage broking group. It offers several funding sources under one brand and a simple application process.

Connective understand mortgage brokers and know how to work best with them to achieve great results for their customers. By combining this understanding of the industry, large broker distribution network and competitive funding sources, they’ve been quite successful within their broker group.

What’s the catch? Connective Home Loans is only available through Connective mortgage brokers. Since around one quarter of mortgage brokers in Australia are members of Connective this shouldn’t be too much of a problem.

How do Connective’s home loans compare?

They’re great at

But they’ve got some drawbacks…

  • They’re not a major bank
  • People who want branch access
  • LMI can be expensive with some funders

What home loans products do they have?

Connective has four product types which can help you to determine where the funding actually comes from.

Essentials Home Loans are funded by Advantedge which is a large wholesale funder owned by NAB. They usually have low variable interest rates and close to market leading fixed rates.

Connective Home Loans take a personal approach to your home loan. Your broker will work with you and base decisions on discussions and supporting documentation, not data alone. The approach is based on flexible lending criteria to help you begin your journey.

Select Home Loans are designed to shift with your changing needs and circumstances. Select loans are varied, and they are fit for first home buyers, renovators and those looking to refinance.

Advance Home Loans are simple and cost-effective loan solutions. Connective Advance gives you a range of simple, cost-effective loans that are just as easy to organise and maintain as an ordinary residential home loan option.

Why did my broker recommend Connective Home Loans?

Connective Home Loans (CHL) is usually recommended because of their combination of good rates, good service and a quick loan approval.

CHL can share more information with your broker and work with them in a closer way. That means that your broker can take some of the hassles out of getting a loan and behave more like a bank manager than a mortgage broker.

CHL also has a great scenarios team which understands and can solve many loans that are outside of the box of the major banks. So your broker may be able to get you approved at a major bank interest rate even if you don’t meet their credit policy.

Tip for applying with Connective Home Loans

Use Connective’s loan application form to prepare for your home loan application.

Note: This is the latest application form as at August 2017. Please refer to Connective Home Loans for their most up-to-date document requirements.

Connective Home Loan client story: Leigh, NSW


  • To buy first home.


Discharged bankrupt, low property valuation, over 50, off the plan.


After falling on hard times in the past, Leigh found himself in major credit card debt and made the difficult decision to declare bankruptcy.

Although he was eventually discharged from bankruptcy (after 5 years), the bankruptcy was still recorded on his credit file and he needed to declare this when applying for a home loan to buy his first home.

He was also over 50, which is an issue with most lenders because they’re concerned you won’t be able to pay off the mortgage by the time that you retire. Luckily, he had a 20% deposit to purchase the off the plan property which made him a low risk borrower.

He was also was able to present a clear exit strategy for paying off the loan using his superannuation.

Connective was able to pre-approve Leigh for the $340,000 he needed to complete the purchase via a Macquarie Bank property valuation.

However, months had passed since the pre-approval and by the time he applied for his unconditional home loan approval, the original property valuation had expired. Worst still, the new valuation undertaken through Connective came in around $20,000 to $40,000 less than Macquarie.


Luckily for Leigh, settlement was still 2 months away and his mortgage broker was able to overturn the latest property valuation in favour of the original Macquarie valuation.

He was able to get approved for the home loan, avoid Lenders Mortgage Insurance (LMI) because he was borrowing at 80% of the property value and even managed to get a competitive interest rate.

Compare Connective Home Loans to other lenders

Not sure which Connective home loan is right for you? Our Home Loan Experts can help!

Talk to one of our mortgage brokers by calling us on 1300 889 743 or complete our free assessment form.