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The Loan Interview & Compliance. May 22nd, 2017. In a loan interview with your customer, asking the right questions is the key to getting the right answers. The loan interview is so important because it is your only means of understanding the needs and requirements of your customer.
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Questions Mortgage? 0 Vote Up Vote Down.. The interest rate can be lower depending on how much you put as a down payment because this will affect your LTV (loan to value) the higher the loan to value the higher your interest rate will be. Also, make sure you dont put it all on a down paymetn becasue having reserves (6 months cash.
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· Best Answer: A mortgage life insurance policy offered through your lender is a group term policy that pays using EITHER an amortization schedule OR by using the outstanding balance at the date of death, minus outstanding late fees. Mortgage disability polices typically pay the monthly amount due to the lender. These policies only pay up to a certain number of months, such as 24, 48 or 72.
You will come to this round after passing a panel or group interview. and your abilities and skills have been proved qualifying. And now, you have to face with one interviewer who will ask you very specific about the job and yourself.. Mortgage loan processor interview questions answers In this post, you can ref most common interview.
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