He will be leading the lender’s expansion strategy within the residential sector.
Sandiford (pictured) has more than 30 years’ experience in the residential and buy-to-let mortgage industry.
He has fulfilled a range of senior positions including roles at Dudley Building Society, One Savings Bank and most recently as residential mortgage director at Paragon.
Foundation Home Loans commercial director Andrew Ferguson said 2019 was the year when Foundation planned to make its mark in the residential sector.
“We are delighted to have secured such a well-respected industry expert as Steve to lead our development in this area,” he said.
Residential mortgage director Steve Sandiford added he was thrilled to be joining Foundation and was looking forward to helping them establish residential lending alongside buy to let.