Mortgage Banker

Basically, 'prime rate' is the rate of interest that is decided by nations (U.S.A) largest banks for their preferred customers, having a good credit score. Much 'variable' interest depends on the 'prime rates'. For example, the 'APR' (Annual Percentage Rate) on a credit card is 10% plus prime rate, and if the prime rate is 3%, the current 'APR' on that credit card would be 13%.

At Chase, I was a business card phone advisor. The main duty was to basically speak with business owners about their daily card transactions.

The application, it was pretty much just basic information. They wanted to know everything, such as previous jobs. The interview process was a one-on-one interview with one of the managers, and it was very personal. They generally ask more situational stuff. It was kind of a get to know you, do you seem like the type of person who could hold this position.

► What kind of software application do you think are important for Mortgage Banker?

► Which subjects did you enjoy during your qualifying degree?

► Specific example of a time when criticized your work.

► What are your strengths?

► Do you find your job exciting or boring?

► Have you ever acted as a mentor to a co-worker?

► Describe how you have balanced your academic work with your extracurricular activities.

► What will be your key target in this Mortgage Banker job if we appoint you?

► How many Mortgage Banker projects do you work on at once?

► Tell me about how you worked effectively under pressure.

► How would you weigh a plane without scales?

► What's the best movie you've seen in the last year?

► Tell me about a time where you had to deal with conflict on the job.

► What types of information did you use to choose your school?

This question is quite possibly the most revealing of all. First, you can determine how self-aware this candidate is. A self-aware employee has a clear perception of his strengths and weaknesses, as well as what motivates him. The reality is that nobody is perfect. If an interviewee can't think of any time he has missed the boat or messed things up, he's either hiding something, or he doesn't understand how what he does impacts others.

Financial management system is used to govern and keep a record of its income, expense and assets and to keep the accountability of its profit.

Credit management system is a system for handling credit accounts, assessing risks and determining how much credit to offer to the customer.

A pay-day loan is generally, a small amount and a short-term loan available at high interest rate. A borrower normally writes post-dated cheques to the lender in respect to the amount they wish to borrow.

There is no right answer to this question. If you're hiring a sales person, you really want them to say money, although few actually will. What's critical is how the answer fits in with what you already know about the candidate. If the person has legitimately been laid off repeatedly throughout his or her career, perhaps due to company closures or lack of work, it makes perfect sense for stability to be the response. If the person says challenge, but has held the same level of responsibility for the last 10 years, he's pulling your leg.

If the answer is environment, it's a perfect lead-in to my next question.

This is actually something of a trick question, because it's just a way of re-asking the second question (what you know about the company) and the fourth (what you know about the position). It's asked because it tells whether people give flippant answers to questions (things like "because I'm a people person") or whether they think about things and give a genuine question. This is a good question to formulate an answer for in advance -

It is a process of managing money, including investments, banking, budgeting and taxes.

This one is a no-brainer. If the candidate doesn't describe your company's culture, run the other way. The person has not only just told you in no uncertain terms that he will not fit in, but also just let you know that he did not do his interview homework.

Pay close attention to what made that boss the best in the candidate's mind. You have the chance to determine if the people in your organization will meet her standards. If she describes a supervisor who walked the floor daily and got involved in every project, and your management team sits behind closed doors, you may want to think twice about this hire. If she describes someone who never micro-managed and gave lots of opportunity for professional and personal development, then you need to be certain that you can provide an equal or better experience. Good people don't leave jobs; they leave people.

This question creates an opportunity for a candidate to talk about the mark he or she has left on other organizations. You can determine whether what a candidate brings to the table is something you really need. Since this question is not as common as tell me your greatest strengths, candidates are less prepared with a stock answer, and actually reflect on their value proposition.

My favorite part was knowing that if I had an issue, I can always just dial a number and there was someone who could help me. Sometimes, people called with questions that you couldn't really answer, so knowing that there was help was the best thing about working there.