How to find a Mortgage AdvisorTo find a mortgage advisor
Below is a listing of what you need to look for to find a great mortgage advisor. Mortgage advisors can offer either individual or limited counsel. A clear example of limited advisory services is a banking agent who can only provide guidance on what product the banking institution offers.
It is less evident that many mortgage agents actually work from a limited circle of creditors and not from the entire brokerage group. Remember that even a fully independant mortgage advisor cannot give you 100% of the available mortgage money, as some mortgage providers only sell their mortgage money directly to the general public, although a good advisor should still be able to point out these alternate mortgage providers to you.
We at FindAdviser do not believe in adding mortgage charges to our consulting services as our charges are more than sufficiently covered by the proxy charge we receive from the mortgagee. Identifying the best mortgage for your needs will take a lot of your attention and is not an option that can be learnt over night or even after a few months or more.
While it is possible that mortgage counseling is given over the telephone and via e-mail, some folks want personal counseling so it may be important for you that your mortgage counselor is available to see you in your area. You can repossess your home if you do not maintain your mortgage payments.