Paragon
Paragon products are available through a limited number of distributors. Please contact the 3mc mortgage desk on 0161 962 7800 for further information
How to Add 3mc as a Payment Route with This Lender
In order to select 3mc as your payment route for Paragon Bank, you will need to email paragon with a request to select 3mc as your payment route to the following email address: mortgagesalessupport@paragonbank.co.uk with a cc (carbon copy) to info@3-mc.com
How to Submit Business
Please call the specialist mortgage desk on 0161 962 7800 for further information on Paragon
Before the case goes to Paragon we need to obtain the necessary “DIP” information
To obtain this decision in principle you will need to complete the relevant form below by scanning and emailing to sales@3-mc.com
For Residential lending, please use the affordability calculator to test your enquiry.
Application Forms & Downloads
Paragon Non Portfolio Data Capture Form
Paragon Portfolio Data Capture Form
Paragon Residential Data Capture Form
Paragon Bank Let Property Application Form
Paragon Bank Additional Applicant Form
Paragon Bank Online Declaration Form
Paragon Bank Net Worth Statement
Paragon Bank Property Schedule
Paragon Bank Cash Flow Forecast
Residential Documentation
Lender Products
Paragon Bank Semi Exclusive
Product highlights: –
- Maximum loan £500,000 max
- Portfolio landlord applicants only range
- Free valuation and £400 cashback
- Single unit from 3.80% 5 year fixed
- HMO/MUB from 3.80% 5 year fixed
- Rental calculation from 125% @ 4% single unit and 130% @ 4%
Paragon Buy To Let Core Product Range
3mc is delighted to launch Paragon range which is only available via selected distributors – Product highlights include: –
- Up to 80% LTV on Multi-Unit/HMO properties and SPV Ltd companies
- Both non-portfolio products and portfolio landlord products
- Ltd company applications considered where Paragon is NOT the sole funder in the company
- Limited company directors loans allowed as a deposit when transferring properties from personal names to limited companies and vice versa!
- No restrictions on portfolio size with other lenders, maximum portfolio size with Paragon is £10 million
- Packaging fee of £95
- 0.5% procuration fee