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Requesting approval for an own loan application

Learn when and how to request Compliance approval before writing your own loan or a loan for an immediate family member.

Updated today

As a Credit Representative under Connective’s ACL, you have specific obligations and responsibilities.

Writing your own loan — or a loan for an immediate family member or an entity you control — is permitted at Connective. However, you must obtain prior approval from the Compliance team.

When approval is required

You must seek approval if the loan is:

  • In your own name

  • In joint names (where you are one of the borrowers)

  • In a company or entity you control

  • For an immediate family member

This ensures transparency, appropriate conflict management and compliance with regulatory obligations.

Information required for your request

Submit your request via the designated Submit request now link and include the following details:

Borrower details

  • Is the loan in your own name, joint names, or a company/entity you operate?

  • If for an immediate family member, specify the relationship.

Loan details

  • Proposed lender

  • Proposed loan amount

  • Security details

  • Loan-to-Value Ratio (LVR)

Lender engagement

  • Confirm whether this has been discussed with the proposed lender BDM.

Providing complete information upfront will assist in timely assessment.

What happens next?

Once your request is submitted:

  • The Senior Compliance Support Managers will review the information.

  • A decision will be made.

  • You will be advised of the outcome.

Do not proceed with submission until approval has been received.

Submit your request

Compliance considerations

When writing your own loan or a related party loan, you must ensure:

  • The loan meets responsible lending obligations (where applicable).

  • Conflicts of interest are appropriately managed.

  • All compliance documentation is completed in full.

Need help?

If you have questions regarding own loan applications, contact the Compliance Support team at [email protected] or raise a Helpdesk ticket in Mercury.

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