Udaya Engineerings Interview Questions and Answers

CIBIL check includes credit score, credit history, loan/credit card repayment history, defaults, and outstanding debts.

• Credit score

• Credit history

• Loan/credit card repayment history

• Defaults

• Outstanding debts

If property sides do not match, the value demand may vary based on the extent of the mismatch.

• The value demand may decrease if the mismatch is significant and affects the functionality of the property.

• The value demand may increase if the mismatch is minor and does not affect the overall value of the property.

• The value demand may also depend on the location and demand for the property.

• A professional property appraiser can provide a more accurate assessment of the value demand.

I check for accuracy, completeness, and relevance of technical information in reports.

• Accuracy of data and calculations

• Completeness of information provided

• Relevance of technical information to the report's purpose

• Consistency of technical terminology and units of measurement

• Clarity of presentation and organization

• Adherence to industry standards and regulations

Financial ratios impact lending by providing insight into a borrower's financial health and ability to repay loans.

• Financial ratios such as debt-to-income ratio, debt-to-equity ratio, and current ratio are used by lenders to assess a borrower's creditworthiness.

• These ratios help lenders determine the borrower's ability to repay the loan and manage their finances.

• For example, a high debt-to-income ratio may indicate that the borrower has too much debt and may struggle to make ...read more

Types of mortgage include fixed-rate, adjustable-rate, FHA, VA, and jumbo loans.

• Fixed-rate mortgages have a set interest rate for the life of the loan.

• Adjustable-rate mortgages have a variable interest rate that can change over time.

• FHA loans are backed by the Federal Housing Administration and have lower down payment requirements.

• VA loans are for veterans and active-duty military members and offer low or no down payment options.

• Jumbo loans are for high-value properties and h...read more