The specialist credit repair lender has recruited Gale from Pacific International where he was UK business manager and was responsible for a team of consultants.
Previously he was senior national account manager with GE Money Home Lending, while he has also worked for HFC Bank and Barclays.
Jon Sturgess, head of sales at Magellan Homeloans, said: “I would like to welcome Spencer to Magellan Homeloans, where his sales management experience and knowledge of the financial services sector will stand him in good stead.
“Spencer takes responsibility for the South and South East of England, which is an important region for Magellan. I wish him every success in his new role.”
Gale added: “Magellan has a unique credit repair offering, which is a welcome addition to the mortgage market.
“I’m looking forward to working with distributors and brokers in the South and South East over the coming months and helping them to understand the benefits that our products offer their clients.”