What’s the difference between a Mortgage Broker and a Mortgage Planner?
Mortgage Planner
When doing business with a Mortgage Planner however, their primary concern is the client and their ability to better assist them to manage personal budget cash flows and credit obligations.
Mortgage Planners have an interest not only in providing clients with a suitable mortgage, but more importantly the Mortgage Planner focuses on the client, their plans for the future and how the mortgage will impact on their life. The Mortgage Planner will work with the client to manage this large financial obligation with the objective of helping them to pay down this loan as quickly as possible.
Mortgage Planner is trained to complete a comprehensive review of the client’s complete financial position. They will gather all the necessary information to assist the client to make informed decisions.
- Interview & prepare loan application
- Explain range of loan process
- Manage loan application process
- Assist with financial restructuring
- Prepare loan servicing calculator analysis support
- Conduct cash flow (affordability) analysis
- Investment property calculator analysis support
- Budgeting analysis support
- Conduct annual review of loan & budget audit
Mortgage broker
When doing business with a Mortgage Broker their primary concern is about the transaction of providing a mortgage.
Mortgage Brokers are trained to complete an application for finance
- Interview & prepare loan application
- Explain range of loan process
- Manage loan application process
- Assist with financial restructuring