Introducing Connective Elevate, funded by Bluestone
We’re excited to advise that from Monday, 16 November the Bluestone products will transition to the Connective Home Loans portfolio and will now be known as Connective Elevate / Bluestone.
This change is reflected in Mercury, so you will now see ‘Connective Elevate / Bluestone’ instead of ‘Bluestone’ and have access to a range of co-branded products and documents.
Together with Bluestone, we’re excited to start working with you to support the needs of your clients by introducing Connective Elevate / Bluestone - prime, near prime and specialist loan options to suit more of your clients, more often.
- Are the Connective Elevate / Bluestone products different to Bluestone?
No, the Connective Elevate / Bluestone products have the same great features, rates and service as the Bluestone products, but you will now have access to even better commissions.
We have increased the upfront commission for all Connective Elevate / Bluestone Prime products from 0.60% +GST to 0.65% +GST for applications submitted on or after 1 November 2020 with no impact to in-flight deals. This is the start of exciting things to come!
- Do I need to obtain accreditation for Connective Elevate / Bluestone?
If you are already accredited with Bluestone, you can start writing Connective Elevate / Bluestone loans immediately. Just look for the Connective Elevate / Bluestone icon within Mercury.
If are not already accredited with Bluestone, you can get accredited by visiting Services in Mercury to access the accreditation form. Learn more here.
- Can I still continue to write Bluestone loans?
As of 16 November 2020, Bluestone will no longer sit on the lender panel in Mercury. Instead, you’ll see Connective Elevate / Bluestone, which will allow you to access the same products, features and rates – it’s just a different name. However, we have increased the upfront commission as mentioned above in Q1.
If you have further questions or would like to learn more about Connective Elevate / Bluestone, please speak to your Broker Support Manager or contact your local Connective Home Loans BDM.