Paradigm Mortgage Services has added GE Money Home Lending to its main lender panels for directly authorised (DA) firms as well as that of Paradigm Financial Advisers (PFA), the network service for appointed representatives (AR).
Members of both Paradigm Mortgage Services and PFA can now access the range of mortgage products currently offered by GE Money Home Lending. The lender offers mortgages on an interest-only and repayment basis it uses affordability-based calculators to consider each consumer’s individual ability to repay, rather than using historic income information.
In 2011 GE Money Home Lending began offering mortgages to self-employed customers who are now able to access its discount, fixed and tracker mortgages. Self-employed customers need to have been trading for at least two years and provide proof of income.
Mark Snape, sales director at GE Money Home Lending, said: “We are very pleased to be working with Paradigm and to be part of its continued growth. GE Money Home Lending will add further value to the Paradigm members by offering a range of specialist products they do not currently have access to.
