Wonder Home Finance Sales Relationship Officer Interview Questions and Answers

Loan Against Property (LAP) is a type of secured loan where a property is used as collateral to borrow funds.

• LAP allows individuals to borrow money by pledging their property as security.

• The loan amount is usually a percentage of the property's market value.

• Interest rates for LAP are generally lower compared to unsecured loans.

• Lenders have the right to auction the property in case of default on loan repayment.

• LAP can b...read more

Different types of home loans include fixed-rate, adjustable-rate, FHA, VA, and USDA loans.

• Fixed-rate loans have a set interest rate for the entire term of the loan.

• Adjustable-rate loans have an interest rate that can change periodically.

• FHA loans are insured by the Federal Housing Administration and typically require lower down payments.

• VA loans are guaranteed by the Department of Veterans Affairs and are available to...read more

I have over 5 years of experience in sales and customer relationship management.

• Managed a portfolio of key accounts, consistently exceeding sales targets by 20%

• Developed and implemented strategies to increase customer retention rates

• Collaborated with cross-functional teams to drive business growth

• Utilized CRM software to track customer interactions and sales performance

Sales focuses on direct selling and closing deals, while marketing involves creating awareness and generating leads.

• Sales involves direct interaction with customers to close deals, while marketing focuses on creating brand awareness and generating leads.

• Sales is more focused on short-term goals and immediate revenue generation, while marketing is more long-term and strategic.

• Sales typically involves one-on-one interact...read more