Qualified financial advisors, mortgage advisors help property buyers make informed decisions and complete the mortgage application process. Advisors spend much time with customers to get to know them and their financial situation. If you're thinking about a career as a mortgage advisor, it is important to consider the type of customers you will be servicing.
Many mortgage advisors work in a bank or building society and provide advice about the various mortgage products available. These advisors typically work in a branch office, dealing with clients who approach the lender to apply for a mortgage. You can hire a fantastic mortgage advisor via https://pangeamortgages.com/mortgage-advisor-dublin/.
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However, advice can also be provided by telephone for clients who submit mortgage applications online. Some mortgage advisors might also be qualified to work as mortgage brokers. This means that they can advise customers on a wider range of products from different lenders. However, there are some limitations.
Their clients are usually prospective buyers who approached the brokerage firm to get advice. However, chasing leads can be a factor and advisors may visit clients at their homes. Many estate agent chains employ mortgage advisors at their offices. Advisors working in these offices may not be required to recommend specific products or tie themselves to certain companies, unless their employer has a contract with the lender.
When customers are looking to buy a house through an agency, they will be directed to the mortgage advisor. Independent financial advice groups can also be used by mortgage advisors. In this case, they are free to recommend products from any lender. Clients might seek assistance because they want to talk to someone else or because they have difficulty with their mortgage application.