About Mortgage Consultant
When it comes to taking the biggest financial decision of your life, of buying property, majority of people take out a mortgage, and they are likely to deal with a mortgage consultant, or mortgage adviser, at some point during the process whether they are going to a bank, or to a mortgage broker.
So let use understand the difference between a mortgage broker and a mortgage consultant. A loan officer whose job is to guide you to a certain loan product offered by the bank or their associated financial institution is called a mortgage broker.
A mortgage consultant helps customers with their mortgage applications. They do not represent a single bank they have relationships with all mortgage banks and lenders so they would have more access to the best loan plan for you. They have the power of mortgage brokers working behind they so they have access to all the mortgage products.