Mortgage advisors can be divided into two types

1 minute, 17 seconds Read

Mortgage advisors directly connected to a lender

  • They only recommend mortgages that come from specific lenders.
  • You can save money by avoiding upfront broker fees.
  • Several lenders offer exclusive discounts or rates to their existing customers.
  • You may find it easier to use the mortgage advisor of your current lender if you are remortgaging.

Independent financial advisors or mortgage brokers

  • You can get mortgages through a variety of lenders. They know the criteria for acceptance.
  • You will be able to deal directly with your lender.
  • Some brokers can provide a wide range of products. They may not cover all products. You’ll need to choose the right advisor if you require a particular mortgage such as Buy to Let or Interest Only.
  • When you are looking for a mortgage broker, an advisor who offers a “whole market” service is a good choice. When you need a Mortgage advisor Gloucester, visit https://www.geniusma.com

Compare all deals, including any fees or charges. This will help you choose the right option.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.