Looking for what's new and what's now in the real estate world. The Jersey Group and Bob The Broker have joined forces on this blog dedicated to all aspects of the real estate business.

What does a mortgage advisor do???  Most people would answer that a mortgage advisor is someone you call when you want to buy or refinance a house.  In most cases that answer would be correct as most mortgage advisors do not realize there is and should be much more to the job description.

A good mortgage advisor starts working with a client long before they are ready to buy or refinance.  Reviewing and building credit.  Discussing mortgage benefits and the benefits (or disadvantages) of refinancing.  Just like a financial planner, understanding the dynamics of the client can help save a client a lot of money.

The reason most mortgage advisors do not take this approach is quite simple, they do not get paid for the advising, only on the sale.  I am not saying this is a smart approach, it's just the reality.  Some may call it the flaw in the system.  Good, it gives me a leg up on the competition.  Building long term relationships is what builds long term success in this business. 

If you don't have a mortgage advisor give me a call today.  It doesn't matter if you are intending on buying or refinancing in the near future.  For those who are considering buying sometime down the road, meeting now can save you time, money and headaches a couple years from now.  Those who are currently in a home and want someone to look at their current mortgage, keep an eye out for falling rates, or look at the best way to pay off there mortgage, take advantage of a mortgage advisor...it's free!

If you know of anyone that can use a mortgage ADVISOR please pass this along.

Thanks,

Bob

973-495-8925