Much like a broker can help you find the best companies and finance, etc, a mortgage advisor can also help you find the best option for you. He or she can also help you in the application process, and offers an excellent service for anyone buying a house. The main difference between a mortgage advisor and broker is the training and expertise needed to do each job.
As well as the advice a mortgage advisor can give you when it comes to buying your house, they can also offer:
Different mortgage options for you to choose from
Advice on mortgage protection, repayments, re-financing, etc
Offer building insurance alongside the mortgage itself
Although a mortgage advisor can discuss so many different financial aspects with you, they dont need to take any specialised training courses or need any professional qualifications initially. This is another aspect that sets them apart from a mortgage broker. They will need to take a basic training course, but this is more in customer service and relations.
The route to becoming an advisor is quite a straightforward one normally starting off in a bank as a customer service representative, or an...