What is a mortgage advisor? Is it the same as a loan officer? How do I know who I need to talk with to get a mortgage? These are a sample of common questions asked by many consumers.
Mortgage advisor, loan officer, mortgage consultant, etc... are generally all interchangeable terms that pertain to a mortgage professional. Some states require mortgage professionals to be individually licensed, some require them to just be certified and some states dont have any requirements for mortgage professionals.
A mortgage advisor is someone that can show you options and educate you on what the best mortgage is right for your situation. A mortgae advisor is focused on helping you make an informed decision.
Your mortgage advisor needs to be someone who is honest, trustworthy, experienced and highly educated in the mortgage industry. This will help to guarantee a smooth mortgage transaction, a quicker closing, and the right mortgage program for your immediate and future needs has been chosen for you.