New product promises to allow brokers more flexibility
Connective has launched its first own-brand lending product, Connective Complete, available exclusively through the Connective Home Loans (CHL) portfolio from Oct. 1.
The product covers residential, Self-Managed Super Fund, and commercial lending, with a focus on self-employed borrowers. Connective plans to expand the offering with broker input.
“This product is about giving brokers greater ownership of the solutions they recommend. They can rely on it with confidence, knowing it’s built around their needs – not just a lender’s priorities – and it will continue to evolve with their direct involvement,” said Michael Goerner (pictured), head of Connective Home Loans.
According to a news release, Connective has partnered with RedZed to provide the loan application platform and post-settlement servicing. The initial warehouse funding will align with RedZed’s policy. Future facilities will broaden the product’s scope and enable brokers to provide input on product development.
The expanded capabilities are expected to allow Connective Complete to cover niche segments not addressed by the seven existing funder partners in the CHL portfolio.
“This is the first time we’ve created a product that is truly ours, and we’re excited to grow it with our broker network,” said Glenn Lees, CEO of Connective. “By combining Connective’s scale and commitment with RedZed’s proven servicing capability, we are bringing something genuinely different to market – a lending solution that brokers can help shape for years to come.”
The company said the product launch represents a shift for CHL from product distributor to lending partner. It has designed the product to evolve based on broker feedback.
“Connective Complete is a flagship moment for us,” Lees said. “It’s about shaping lending together giving brokers more control, more flexibility, and the ability to help more clients, while ensuring they remain ahead in a changing market.”
The product is available to mortgage brokers aggregating with Connective through the CHL portfolio.
Connective, founded in 2003, operates as Australia’s mortgage, asset finance and commercial aggregator with over 5,400 members.
