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1 What is Debt & Equity in Reverse Mortgage? 2 Minimum Requirement for Reverse Mortgage. 3 What is origination fee? 4 What is NPL? 5 What is Reverse Mortgage? 6 Difference between Mortgage and Reserve Mortgage. 7 Eligibility Criteria of US Reverse Mortgage. 8 Principal Limit? 9 Non Recourse Limit? 10 Net Principal Limit? 11 Front End Ratio? 12 Initially which rate of interest bank provide for loan- Fixed or Floating. 13 Repayment option. 14 PL Calculation. 15 What is MCA?

XL Dynamics Questions for Final Round

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Page 1: XL Dynamics Questions for Final Round

1 What is Debt & Equity in Reverse Mortgage?2 Minimum Requirement for Reverse Mortgage. 3 What is origination fee?4 What is NPL?5 What is Reverse Mortgage?6 Difference between Mortgage and Reserve Mortgage.7 Eligibility Criteria of US Reverse Mortgage.8 Principal Limit?9 Non Recourse Limit?10 Net Principal Limit?11 Front End Ratio?12 Initially which rate of interest bank provide for loan- Fixed or Floating.13 Repayment option.14 PL Calculation.15 What is MCA?

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