What exactly is the difference between a mortgage broker, a mortgage planner and someone who sells proprietary mortgages in the role of financial advisor?I'd been asking Melanie directly. She responds here. Out of respect for her time and efforts I won't simply cut and paste her response.
I conferred with the resident 'expert' in my household and she agrees with the definition of mortgage sales under financial advisor, though feels confident that she can satisfy 90% plus of potential clients with the products her employer has to offer.
What say you, the broader reading public? Do you buy from a bank or a broker?