Magellan signs distribution deal with TMA

Ryan Bembridge

March 23, 2017

Magellan Homeloans has signed a deal to distribute its mortgage products through The Mortgage Alliance.

TMA’s directly authorised brokers will gain access to Magellan’s complex prime and credit repair products for self-employed borrowers and those with complex incomes.

Jason Neale, sales director at Magellan Homeloans, said: “We’re delighted to have signed a distribution agreement with TMA and are looking forward to working with them and their brokers during the months ahead.

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“They can be assured that they will receive a fast, personal and professional service from Magellan.”

Lisa Martin, development director, LSL Financial Services, said: “Magellan’s products are ideal not only for borrowers with credit blips and adverse credit records, but also those with unusual or complex incomes or who work for themselves.

“They are a welcome addition to our lender panel.”

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