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Mphasis Processor Interview Questions, Process, and Tips

Updated 30 Dec 2024

Top Mphasis Processor Interview Questions and Answers

Mphasis Processor Interview Experiences

3 interviews found

Processor Interview Questions & Answers

user image Anonymous

posted on 30 Dec 2024

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
-

I applied via Naukri.com and was interviewed in Nov 2024. There was 1 interview round.

Round 1 - HR 

(2 Questions)

  • Q1. Tell me About yourself
  • Q2. Na

Interview Preparation Tips

Interview preparation tips for other job seekers - Do give interview here not a good company for building career

Processor Interview Questions & Answers

user image Anonymous

posted on 21 Feb 2024

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Feb 2023. There were 2 interview rounds.

Round 1 - HR 

(1 Question)

  • Q1. Introduction, basic mortgage related questions
Round 2 - One-on-one 

(3 Questions)

  • Q1. Introduction and basic mortgage knowledge
  • Q2. What is mortgage
  • Ans. 

    A mortgage is a loan used to purchase real estate, with the property serving as collateral for the loan.

    • Mortgages typically have fixed or adjustable interest rates.

    • Borrowers make monthly payments to repay the loan over a set period of time.

    • If the borrower fails to make payments, the lender can foreclose on the property.

    • Common types of mortgages include conventional, FHA, and VA loans.

  • Answered by AI
  • Q3. What are the documents you review
  • Ans. 

    I review various documents such as contracts, reports, invoices, and correspondence.

    • Contracts

    • Reports

    • Invoices

    • Correspondence

  • Answered by AI

Processor Interview Questions Asked at Other Companies

asked in Mphasis
Q1. What documents needs to be post closing
asked in Mphasis
Q2. What is purpose for TILA RESPA
Q3. What kind of source will you give
asked in Wipro
Q4. Do you know Microsoft office tools
asked in Wipro
Q5. What is Medicare cobra coverages

Processor Interview Questions & Answers

user image Anonymous

posted on 22 May 2021

I applied via Walk-in and was interviewed before May 2020. There was 1 interview round.

Interview Questionnaire 

3 Questions

  • Q1. What is purpose for TILA RESPA
  • Ans. 

    TILA RESPA is a federal law that aims to protect consumers by providing them with clear and accurate information about mortgage loans.

    • TILA RESPA stands for Truth in Lending Act and Real Estate Settlement Procedures Act.

    • The purpose of TILA RESPA is to promote transparency and prevent predatory lending practices in the mortgage industry.

    • It requires lenders to provide borrowers with clear and easy-to-understand informatio...

  • Answered by AI
  • Q2. What documents needs to be post closing
  • Ans. 

    Documents required post-closing include title deed, mortgage note, and closing disclosure.

    • Title deed

    • Mortgage note

    • Closing disclosure

  • Answered by AI
  • Q3. Mortgage, Insurance, 4506T, Title Commitment.

Interview Preparation Tips

Interview preparation tips for other job seekers - for US Mortgage like 1003, loan estimate, closing disclosure, income documents, insurance etc.

Interview questions from similar companies

Interview Questionnaire 

1 Question

  • Q1. HR asked about work experience

Interview Preparation Tips

Round: Resume Shortlist
Experience: I was waiting for shortlisting

I applied via Naukri.com and was interviewed before Feb 2021. There was 0 interview round.

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare for below questions.
1. Tell me about yourself.
2. Why should we hire you.
3. What are the skills you have.

I applied via Referral and was interviewed before Aug 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Requirement gathering

Interview Preparation Tips

Interview preparation tips for other job seekers - Very easy to go if you know the work

I applied via Walk-in and was interviewed before May 2021. There were 3 interview rounds.

Round 1 - Group Discussion 

It was a half an HR Group discussion with HR with 5 of us

Round 2 - HR 

(1 Question)

  • Q1. He asked about my Past experience
  • Ans. I explained my last company experience and the way I managed my team
  • Answered by Sujith Prasad
Round 3 - One-on-one 

(1 Question)

  • Q1. He asked about package and ready to work on shifts
  • Ans. I agreed the pakage and for shifts
  • Answered by Sujith Prasad

Interview Preparation Tips

Interview preparation tips for other job seekers - Be positive ,work hard , keep learning things

I applied via Walk-in and was interviewed before May 2021. There were 4 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Group Discussion 

The Hr had a discussion with 5 of us in a group

Round 3 - HR 

(2 Questions)

  • Q1. He asked more details on by past experience on my resume
  • Ans. I explained my last job details and my experience in Saudi for 4 years of managing 70 members of team
  • Answered by Sujith Prasad
  • Q2. How I managed and executed my work with team members and team strength?
  • Ans. In India I was getting team with different strength according project size and I managed them by supporting low performers by training ,also with support with good performers by motivating them in different way.
  • Answered by Sujith Prasad
Round 4 - One-on-one 

(1 Question)

  • Q1. Package and shift timings preference?
  • Ans. I agreed the package and Day and night shift
  • Answered by Sujith Prasad

Interview Preparation Tips

Interview preparation tips for other job seekers - Be positive, Be confident. Try to learn new things regularly

I applied via Recruitment Consultant and was interviewed before Jan 2021. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Situation based questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Be calm .think out of the box

I applied via Naukri.com and was interviewed before Aug 2020. There were 4 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Asked about my working skills, technical skills... Finance accounting related questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident, brief about your CV...

Mphasis Interview FAQs

How many rounds are there in Mphasis Processor interview?
Mphasis interview process usually has 1-2 rounds. The most common rounds in the Mphasis interview process are HR and One-on-one Round.
How to prepare for Mphasis Processor interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Mphasis. The most common topics and skills that interviewers at Mphasis expect are US Mortgage, Customer Service, Processor, Credit Underwriting and Underwriting.
What are the top questions asked in Mphasis Processor interview?

Some of the top questions asked at the Mphasis Processor interview -

  1. What documents needs to be post closi...read more
  2. What is purpose for TILA RE...read more
  3. what are the documents you rev...read more

Tell us how to improve this page.

Mphasis Processor Interview Process

based on 2 interviews

1 Interview rounds

  • HR Round
View more

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Mphasis Processor Salary
based on 236 salaries
₹2.5 L/yr - ₹6 L/yr
49% more than the average Processor Salary in India
View more details

Mphasis Processor Reviews and Ratings

based on 25 reviews

2.9/5

Rating in categories

2.8

Skill development

2.8

Work-life balance

2.4

Salary

2.5

Job security

3.0

Company culture

2.5

Promotions

2.7

Work satisfaction

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