The Stockton-on-Tees based packager will offer Paradigm’s members a wide variety of services including a complete panel of packaged lenders, exclusive products, on-site underwriters and online tracking.
Open Door’s staff are committed to providing decisions-in-principle within four hours and completing deals from initial application to offer within ten days.
John Coffield, head of Paradigm Mortgage Services, commented: “We are delighted to welcome Open Door Solutions to the Paradigm Mortgage Services packaging panel and feel sure that Paradigm members will take advantage of the wide range of services that Open Door can provide.
"When looking to appoint firms to the panel we focused on the quality of their offering and the service levels they were able to offer; Open Door certainly met and exceeded the criteria we set down.
“This is the start of a real partnership between Paradigm, our members and Open Door and we look forward to a long and fruitful relationship for all.”
Bob Scott, managing director of Open Door Solutions, said: “We are delighted to be involved with this new type of offering from a major new player in the mortgage market. The message is clear – packaging is alive and kicking with diversity ensuring existing and future market opportunities can be accessed fully by members through Open Door Solutions.”
Open Door also offers those members who have packaged previously, or expressed an interest in packaging cases themselves, the opportunity to become Packaging Partners. As a partner they have access to a range of regional facilities to help them expand their business and move into other areas providing a new business strategy along with new and increased income streams.
