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  • Questions About Your Technical Background

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    Jitendra Kumar
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    Employers will want to know about a candidate's technical qualifications for a loan officer position, including any banking experience, licenses held, familiarity with lending laws and regulations, experience with various loan types like FHA and VA loans, ability to work without a draw, comfort with commission-based pay, and ability to explain negative amortization.

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    Technical interview questions

    Original Title

    Interview Questions 2

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    Employers will want to know about a candidate's technical qualifications for a loan officer position, including any banking experience, licenses held, familiarity with lending laws and regulations, experience with various loan types like FHA and VA loans, ability to work without a draw, comfort with commission-based pay, and ability to explain negative amortization.

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    36 views1 page

    Questions About Your Technical Background

    Uploaded by

    Jitendra Kumar
    Employers will want to know about a candidate's technical qualifications for a loan officer position, including any banking experience, licenses held, familiarity with lending laws and regulations, experience with various loan types like FHA and VA loans, ability to work without a draw, comfort with commission-based pay, and ability to explain negative amortization.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Questions About Your Technical Background

    Naturally, employers will want to know if you are qualified to be a loan officer, and again
    they'll want to hear some specific examples drawn from your experience.

    Here are some such questions to prepare to answer.

    What banking experience do you have?


    What licenses do you have (state and federal)?
    How familiar are you with banking and consumer lending laws and regulations?
    Do you have experience with FHA and VA as well as conventional loans?
    Can you work without a draw?

    How to you feel about commission based pay?


    Explain negative amortization.

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