HDFC Credila Financial Services Relationship Officer Interview Questions and Answers for Experienced

A home loan is a type of loan specifically used to purchase a home or real estate property.

• Home loans are typically long-term loans with fixed or adjustable interest rates.

• The property being purchased is used as collateral for the loan.

• Home loans can be obtained from banks, credit unions, or other financial institutions.

• The borrower makes monthly payments to repay the loan amount plus interest.

• Failure to repay the loan

Ready reckoner rate is the minimum rate set by the government for a property in a particular area for the purpose of calculating stamp duty and registration charges.

• Ready reckoner rate is also known as circle rate, guideline value, or collector rate.

• It is used to determine the market value of a property for taxation purposes.

• The rate varies from area to area and is revised periodically by the government.

• It is important...read more

Sales in Home First provides an opportunity to help individuals and families achieve their dream of owning a home.

• Home ownership is a significant milestone for many individuals and families

• Helping clients secure financing for their dream home can be rewarding

• Opportunity to build long-term relationships with clients and provide ongoing support

• Home First offers competitive products and services in the mortgage industry