The Refinance process may sometimes be too time-consuming and even frustrating to some people. Some people may like the refinancing to be handled by experts. Such people prefer to hire a Refinance Advisor to handle the process.

Refinance Advisors are individual professionals or firms that specialize in helping the Refinance applicant to secure the Refinancing loans. They are known by different names, such as mortgage professionals, mortgage brokers, loan officers, consolidation advisors and more.

Their most important function is to initiate the applications and process them for submission to lenders. Each Advisor may work for several borrowers and lenders.

How do these Advisors help the applicant? They explain every aspect of the loan [including the interest rate, how much is to be repaid and in what time duration, the amount of the borrower