Branch Sales Mortgages Manager Interview Questions and Answers

A home loan is a type of loan used to purchase or refinance a property, secured by the property itself.

• A home loan is a type of secured loan where the property being purchased or refinanced serves as collateral.

• The borrower makes regular payments to the lender over a set period of time, typically 15-30 years.

• The interest rate on the loan can be fixed or adjustable, depending on the terms of the loan.

• Mortgage is a legal agreement between the borrower and the lender, outlining ...read more