Credit Administration Manager Interview Questions and Answers

Documentation is important in credit administration. Types of mortgage include fixed-rate, adjustable-rate, and government-insured.

• Documentation is the process of recording and organizing information related to credit transactions.

• Types of mortgage include fixed-rate, adjustable-rate, and government-insured.

• Fixed-rate mortgages have a set interest rate for the life of the loan.

• Adjustable-rate mortgages have an interest rate that can change over time.

• Government-insured mortgag...read more