Innovative
Home Loans
Fast. Competitive. Everything you need.
Rates
May 2022 RBA announcement
The Reserve Bank of Australia (RBA) increased the official cash rate by 0.25% on 3 May 2022. Connective Affinity increased its rates by 0.25% on 19 May 2022. This increase is reflected in the rates shown above.
FEATURES
One account for all your needs
Manage your money from one location
Borrow, purchase, pay and park your money away – all in one place.
Pay off your loan faster
Add your salary and savings to your offset sub-account to reduce the interest you pay.
Choose how you spend and pay
Use your Connective Affinity Visa card, BPAY and real-time bank transfers.
FEATURES
Maximise your offset sub-account
Pay off your loan faster
The money you park in your offset sub-account (e.g. salary, holidays, school fees etc), ‘offsets’ your home loan balance. Interest owing is calculated on the loan balance, which means the more you park here, the less interest you’ll pay on your home loan.
Easy payments and purchases
Make real-time transfers and payments using your Connective Affinity mobile app.
Connective Affinity Loan Types
Property Type
Owner Occupied
Investor
Repayments
Principal & Interest
Interest Only
Application
Single
Joint
Loan Type
Refinance
New Purchase
Eligibility
Income
Minimum household income
$100K
Self-employed professionals
(coming soon)
Loan | Property
Maximum Loan to Value Ratio (LVR) on existing residential property
80%
Loan amount $100K – $2.5M
New home purchases
Personal
Applicants must be over
18 years old
18+
Applicants must be/have:
Australian citizen or residents
Good credit rating
FIND THE WOW FACTOR
Our home loans are digital. How it works
Your broker will work with you to verify your requirements, then if a Connective Affinity home loan is right for you they will facilitate the application process using our innovative data and technology. We will digitally review your home loan application assessing these four key areas:
WHAT
Property valuation
Credit score and
repayment history
Income, expenses and your ability to service the loan
Identity using biometrics
HOW
We digitally access your property valuation from our valuation partner
We review your credit score and last 24 months worth of repayments on all credit products you have
With you driving, we access your financial transaction data safely and securely. FAQ
We use two forms of ID such as your Driver’s Licence, Passport or Identity Card to digitally identify you
WHY
With this data, we can approve your home loan in minutes, not weeks, removing the need for you to complete paper-based forms or supply paperwork – saving you time, effort and hassle.
Safe and Secure
We connect to your bank accounts to save time, paperwork and hassle. Assessing your financial information, safely and securely removes the painful process of supplying payslips, bank statements and manually calculating your expenses. We never see or store your personal account details. We only view the same information that you would supply if you were to manually upload your documents, except the process is faster, more reliable and requires less effort on your part. Read the regulators thoughts on this process: “ASIC, ACCC gives green light to ‘screen scraping’” AFR, 28 Feb 2020
Data usage
As a technology company, we use data at every opportunity to deliver a better, safer experience.
End-to-end encryption
Using 256-bit encrypted from end-to-end, you can be sure your information is safe and secure.
Australian Credit Licence
We hold an Australian Credit Licence, 511406, and adhere to the National Consumer Credit Protection Act 2009, and operate within the Australian Securities Investment Commission guidelines.
