Aggregator unveils new white label partnership

by Julia Corderoy14 Apr 2015
Connective has unveiled a new white label partnership with Macquarie and Advantedge under its ‘Connective Home Loans’ brand.

While the two new product ranges will officially be launched in a national campaign in mid-May with broker accreditation to begin soon after, Connective’s general manger of strategy distribution and digital, Steven Heavey says the group has worked hard to reengineer its white label offering.

“Following extensive consultation with our membership, we have created a solution that gives them access to the some of the most competitive products in the market - presenting opportunities for them to write more deals, at the right price,” he said.

“With an integrated dual funding approach, we have provided a broad solution to our members so they can best service their client’s needs. Our aim is to deliver the best possible lending experience for customer and broker.”

Supported by Macquarie and Advantedge’s distribution and service teams, Heavey says Connective is making substantial investment in resources to support the re-launch of Connective Home Loans. 

As part of that investment, the group also announced the appointment of Michael Goerner as the head of Connective Home Loans.

“Having been with Connective since March 2011, Michael’s extensive industry experience uniquely places him to oversee and drive the initiative,” Heavey said.

“Connective continues to set the benchmark with its innovative solutions and we feel confident these white label partnerships will deliver our members a competitive edge, improved client retention and referrals, and positively impact their bottom line.”
 

COMMENTS

  • by king clive 14/04/2015 9:07:11 AM

    Has anyone had in experience of brokers working with/in YBR?
    Do they provide leads?

  • by Michael Kent 14/04/2015 3:17:36 PM

    Unless the rate is super duper low what reason would I use this product?

    Either rate or some amazing niche like 99% LVR with no LMI.. Otherwise it is just another in the long list of products out there.

  • by Michael Kent 14/04/2015 3:23:21 PM

    king clive - a good friend of mine started working at a YBR franchise. Lasted 3mths.

    She found there were hardly any good leads coming through and was told to go out and find her own business.

    When she argued she should be paid a higher commission split if she sourced her own business she was told it would not happen and that she was taking advantage of YBR's branding etc.

    Any good lead that came in went to the owner of the business.

    I see this a lot. I have checked out almost everyone, Aussie, RAMS, Mortgage Choice etc, they really don't provide much other than an office and a phone IMO.