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FinacPlus Interview Questions, Process, and Tips
Top FinacPlus Interview Questions and Answers
- Q1. What are the third party reports you're aware ofasked in Mortgage Underwriter interview
- Q2. Rent roll and operating statements execution to complete a sizerasked in Mortgage Underwriter interview
- Q3. Formulas and meanings of networth, LTV, DSCR, Cap rateasked in Mortgage Underwriter interview
FinacPlus Interview Experiences
8 interviews found
Anonymous
Selected
I applied via Walk-in and was interviewed in Jan 2023. There were 6 interview rounds.
(5 Questions)
- Q1. Tell me about yourself
- Q2. Basic Technical Questions about CRE industry such as
- Q3. What is appraisal document
- Ans.
An appraisal document is a report that estimates the value of a property.
It is prepared by a licensed appraiser.
It includes details about the property's location, condition, and comparable sales.
It is used by lenders to determine the amount of a mortgage loan.
It is also used by buyers and sellers to negotiate the price of a property.
- Q4. What are the third party reports you're aware of
- Ans.
Third party reports are necessary for mortgage underwriting. Examples include credit reports, property appraisals, and title searches.
Credit reports provide information on the borrower's credit history and score
Property appraisals determine the value of the property being mortgaged
Title searches ensure that the property has a clear title and there are no liens or other claims against it
Other third party reports may inc...
- Q5. Formulas and meanings of networth, LTV, DSCR, Cap rate
- Ans.
Net worth, LTV, DSCR, and Cap rate are important financial formulas used in mortgage underwriting.
Net worth is the difference between assets and liabilities.
LTV (Loan-to-Value) is the ratio of the loan amount to the appraised value of the property.
DSCR (Debt Service Coverage Ratio) is the ratio of the property's net operating income to its debt service.
Cap rate (Capitalization rate) is the rate of return on a real esta...
(3 Questions)
- Q1. Assistant Manager round - Walk me through your resume
- Q2. Current job roles and responsibilities
- Q3. Why do you want to switch the company
(1 Question)
- Q1. Rent roll and operating statements execution to complete a sizer
- Ans.
Rent roll and operating statements are used to complete a sizer.
Rent roll is a document that lists all the rental units in a property, their rental rates, and occupancy status.
Operating statements show the income and expenses of a property over a period of time.
Sizer is a tool used to determine the value of a property based on its income potential.
Execution of rent roll and operating statements is necessary to complete...
(7 Questions)
- Q1. Manager round - Introduce yourself
- Q2. Resume based questions
- Q3. Questions based on capital budgeting as i mentioned in resume
- Q4. Current job roles and responsibilities.
- Q5. Why do you want to switch the company at this moment
- Q6. Salary discussion, expected CTC
- Q7. What you'll do if your current organization offers you the same CTC or matches the offer to retain you.
(1 Question)
- Q1. Interaction with Client that you'll be working for
Interview Preparation Tips
- About your current job roles
- Responsibilities
- Knowledge about CRE
Mortgage Underwriter Interview Questions asked at other Companies
Selected
I applied via Referral and was interviewed in Jun 2022. There were 2 interview rounds.
(4 Questions)
- Q1. Tell me about your self, your achievements in the present role. How will you deal with the team member who is weak in his performance.
- Ans.
I have achieved significant results in my current role as a Process Leader-Middle Office Operations.
Implemented a new workflow system that increased team efficiency by 20%
Received recognition for consistently meeting or exceeding performance targets
Mentored and trained team members to improve their skills and performance
Implemented performance improvement plans for underperforming team members
Provided regular feedback ...
- Q2. What is your contribution to the present company.
- Ans.
I have contributed to the present company by implementing process improvements and achieving operational efficiency.
Implemented process improvements that resulted in a 20% reduction in turnaround time
Streamlined middle office operations by introducing automation tools
Developed and implemented training programs to enhance team productivity
Collaborated with cross-functional teams to resolve operational issues
Achieved cos
- Q3. Why are you leaving the present company
- Ans.
Seeking new challenges and growth opportunities
Looking for a role that offers more responsibility and leadership opportunities
Desire to work in a different industry or sector
Seeking a company with a better work-life balance
Want to relocate to a different city or country
Company downsizing or restructuring
- Q4. Where do you want to see yourself down the line in next 3 years
- Ans.
I see myself as a senior process leader, leading a team and driving operational excellence.
Leading a team of process associates
Implementing process improvements to enhance efficiency
Driving operational excellence through effective performance management
Mentoring and coaching team members
Collaborating with cross-functional teams to achieve organizational goals
Interview Preparation Tips
Selected
I applied via LinkedIn and was interviewed before Mar 2023. There was 1 interview round.
Asked to create a comment form using the MUI and react
Interview Preparation Tips
Developer Interview Questions asked at other Companies
Venkata Vutti
I was interviewed before Nov 2023.
Explain about Covid Pandemic around the world
Interview Preparation Tips
Team Lead Interview Questions asked at other Companies
FinacPlus interview questions for popular designations
Selected
I applied via campus placement at ICBM-School of Business Excellence, Hyderabad and was interviewed before Mar 2023. There were 3 interview rounds.
(1 Question)
- Q1. All the questions is completely based on resume
(2 Questions)
- Q1. You should speak about your studies, qualities, capabilities, hobbies e.t.c The vedio is tested based on your pronounciation of your words and clarity and completion of sentence.
- Q2. Be confident and tel everything about yourself
(1 Question)
- Q1. Self introduction and resume based questions
- Ans. They will check your communication and understanding the language
Interview Preparation Tips
Focus on your language skills
Communication
Listening skills
Understanding the concept
Data Analyst Interview Questions asked at other Companies
Sri Chaithu
Selected
I applied via Referral and was interviewed before Aug 2023. There was 1 interview round.
(2 Questions)
- Q1. Tell me your self?
- Ans.
I am a dedicated and detail-oriented research associate with a strong background in data analysis and project management.
Experienced in conducting research studies and analyzing data
Skilled in project management and coordinating research projects
Proficient in using statistical software and data visualization tools
Strong attention to detail and ability to work independently or in a team
Excellent communication and presen
- Q2. Previous organisation
Research Associate Interview Questions asked at other Companies
Jobs at FinacPlus
(2 Questions)
- Q1. Tell me about your self
- Q2. What do you mean by data analyst
- Ans.
A data analyst is a professional who collects, processes, and performs statistical analyses on large datasets to extract insights and inform business decisions.
Collect and organize large datasets
Process and clean data to ensure accuracy
Perform statistical analyses to identify patterns and trends
Extract insights and communicate findings to stakeholders
Use data to inform business decisions and strategies
Interview Preparation Tips
Data Analyst Interview Questions asked at other Companies
Interview Questionnaire
1 Question
- Q1. As I applied for Accountant role, Interview panel asked in depth accountancy questions and GAAP
Process Leader Interview Questions asked at other Companies
Top trending discussions
Interview questions from similar companies
Selected
I was interviewed in Jan 2025.
(2 Questions)
- Q1. Sale price on on day
- Q2. Start working
Interview Preparation Tips
Key points to remember:
Prioritize networking:
Utilize your network to connect with people in the industry, attend industry events, and leverage platforms like LinkedIn to build relationships with potential hiring managers.
Tailor your resume:
Include relevant sales keywords throughout your resume to catch the attention of recruiters and ensure your experience aligns with the job description.
Practice your sales pitch:
Prepare compelling stories from your past experiences to demonstrate your ability to close deals, overcome objections, and build rapport during interviews.
Follow up consistently:
After submitting applications, send personalized follow-up emails to maintain engagement with potential employers.
Research companies:
Actively monitor companies you're interested in by following their social media and news to stay informed about potential openings.
Highlight transferable skills:
Even if you lack direct sales experience, emphasize skills like communication, persuasion, relationship building, and problem-solving that translate well to a sales role.
Ask insightful questions:
During interviews, demonstrate your knowledge of the company and role by asking thoughtful questions that show your genuine interest.
Be enthusiastic and confident:
Convey a positive attitude and express your passion for sales to make a strong impression on potential employers.
I was interviewed in Jan 2025.
A sequence was provided: 4181, 2684, 1597, 987, 610.
first 2 are given and write code for other value calculation using java 8
The second question required writing a reverse of a palindrome using both Java 8 streams. I was able to successfully write both and clear the first round.
(6 Questions)
- Q1. Interviewer was himself not knowing anything as it was walkin drive he was sitting infront of me and checking questions on phone Introduction that he inturrepted in between when I was introducing myself
- Q2. What are the features of Java 17, specifically related to sealed classes, including their syntax and necessity, along with the potential errors encountered when invoking a sealed class?
- Ans.
Java 17 introduces sealed classes to restrict inheritance and improve code maintainability.
Sealed classes are declared using the 'sealed' keyword followed by the permitted subclasses.
Subclasses of a sealed class must be either final or sealed themselves.
Errors may occur when trying to extend a sealed class with a non-permitted subclass.
- Q3. Java 8 feathers stream api, functional interface, Intermittent operator ,Ternary operator, Prediction,Bi predicate. Answered all successfully
- Q4. Draw low level design of implementation of notify me if item is back in stock in a ecommerce application
- Ans.
Implementation of 'notify me if item is back in stock' feature in an ecommerce application
Create a database table to store user notifications for out-of-stock items
Implement a service to check item availability and send notifications to subscribed users
Provide a user interface for users to subscribe to notifications for specific items
- Q5. All design patterns which I know. Asked me to implement adapter pattern on paper
- Q6. Then given a problem that concurrent way perform operation on excell to decrease the response time
Interview Preparation Tips
FinacPlus Interview FAQs
The duration of FinacPlus interview process can vary, but typically it takes about less than 2 weeks to complete.
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FinacPlus Interviews By Designations
Interview Questions for Popular Designations
FinacPlus Interview Process
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FinacPlus Reviews and Ratings
based on 73 reviews
Rating in categories
|
SME
30
salaries
|  ₹6 L/yr - ₹11.3 L/yr |
|
Process Leader
25
salaries
| ₹6.3 L/yr - ₹16.4 L/yr |
|
Analyst
20
salaries
| ₹2.8 L/yr - ₹8 L/yr |
|
Assistant Manager
19
salaries
| ₹7.8 L/yr - ₹17.5 L/yr |
|
Senior Analyst
15
salaries
| ₹5.4 L/yr - ₹10.3 L/yr |
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