Loan Inspector Question:

Download Job Interview Questions and Answers PDF

Explain me me four different types of mortgages and why a client would select each one?

Loan Inspector Interview Question
Loan Inspector Interview Question

Answer:

Fix loan (wants to keep the house for a long time wants to have a monthly fix amount for payment), Adj loan (is not planning to keep the house for long term), balloon loan (want to pay lower monthly payments and pay a larder payoff, heloc (wants to draw funds as needed)

Download Loan Inspector Interview Questions And Answers PDF

Previous QuestionNext Question
Explain me do you feel you do a good job of juggling multiple tasks at one time on a consistent basis?Tell me what is your greatest weakness? What are you doing to improve it as Loan Inspector?