Mortgage Advisor Duties

A mortgage advisor’s work and duties vary depending on their service offerings and liabilities. In general, the duties include:

• Marketing of their services to clients

• Assessing and educating themselves on the financial position and circumstances of a potential borrower

• Researching the market to determine or source a mortgage product suitable for the client (borrower)

• Assisting the client with obtaining pre-approval for a mortgage loan

• Collecting all relevant documentation (bank statements, payslips, etc.)

• Completion of the mortgage application loan

• Ensuring that legal disclosures are understood by the client/borrower

• Submission of all document requirements to the bank