Mortgage Banker Question:
Download Questions PDF

What do you mean by term 'Loan Maturity' and 'Yield'?


The date on which the principal amount of a loan becomes due and payable is known as 'Loan Maturity'. Yield is commonly referred as the dividend, interest or return the investor receives from a security like stock or bond, interest on fix deposit etc. For example, any investment for $10,000 at interest rate of 4.25%, will give you a yield of $425.

Download Mortgage Banker Interview Questions And Answers PDF

Previous QuestionNext Question
What ACH stands for?What is Small Business Administration Loans?