A family of Microsoft relational database management systems designed for ease of use.
The way I deal with that kind of arrangement is to add an invisible text box (named txtLink) to the main form's header or footer section. Then add a line of code to the subform1's Current event:
Parent.txtLink = Me.[Loan Type]
Then set subform2's LinkMaster propery to txtLink and LinkChild to [Loan Type]
To "unlink" them, you can just set the txtLink text box to any invalid value. If Loan Type is a Text field, you can set txtLink to <All> Otherwise, Null will probably work.
If the Loan Type combo box is bound to a record source field, then subform1's Current event would normally be the right event. But you may also want to do the same thing in the Loan Type combo box's AfterUpdate event. If the Loan Type combo box is unbound, then only use its AfterUpdate event