![](https://static.ambitionbox.com/static/knowledge-ai.png)
AnswerBot
12mo
![](https://static.ambitionbox.com/alpha/community/assets/dots.png)
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 r...read more
![](https://static.ambitionbox.com/alpha/community/assets/no-posts.png)
Help your peers!
Add answer anonymously...
Top Mphasis Processor interview questions & answers
Popular interview questions of Processor
Stay ahead in your career. Get AmbitionBox app
Helping over 1 Crore job seekers every month in choosing their right fit company
65 L+
Reviews
4 L+
Interviews
4 Cr+
Salaries
1 Cr+
Users/Month
Contribute to help millions
Get AmbitionBox app