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MPowered Mortgages joins Paradigm panel

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  • 20/04/2021
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MPowered Mortgages joins Paradigm panel
Paradigm Mortgage Services has added MPowered Mortgages to its panel, giving members access to the lender’s buy-to-let products.

 

MPowered Mortgages, the buy-to-let arm of MQube, launched last month through TMA and Mortgage Advice Bureau (MAB).

It has since been added to the lender panels of Legal and General Mortgage Club and SimplyBiz with plans to roll out to other broker partners. 

The lender uses artificial intelligence (AI) during its application process to pull applicant data from documents and external sources to avoid underwriting errors. 

It offers mortgages for individual landlords, limited company and portfolio borrowers. 

John Coffield, head of mortgages at Paradigm Mortgage Services, said: “The launch of a new lender is always exciting however some propositions also demand your attention because they are using cutting-edge technology and offering something new to the market.  

“This is certainly the case with MPowered Mortgages and we’re very pleased to be one of the first distributors to be able to offer our member firms access to its range of flexible buy-to-let mortgages on its new lending platform.” 

Emma Hollingworth (pictured), distribution director at MPowered Mortgages, added: “We’re delighted to be launching with Paradigm today and look forward to supporting Paradigm’s members. 

“MPowered has been designed with brokers, not just for them, so we’re excited to work with Paradigm members to continue evolving the platform and make the mortgage application process even smoother for everyone involved.” 

 

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