Residential Finance

  www.residentialfinance.com
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Residential Finance Interview Questions

Updated Apr 25, 2014
Updated Apr 25, 2014
11 Interview Reviews

Interview Experience

Interview Experience

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Getting an Interview

Getting an Interview

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19%

Interview Difficulty

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Average

Interview Difficulty

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Candidate Interview Reviews

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  1.  

    Senior Loan Officer Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied through an employee referral. The process took 1 week - interviewed at Residential Finance.

    Interview Details

    multiple interviews with multiple people followed by 4-6 hours of shadowing before an offer is extended

    Negotiation Details
    no negotiations
    Accepted Offer
  2.  

    Loan Partner I Interview

    Anonymous Interview Candidate  in  Campbell, CA
    Anonymous Interview Candidate in Campbell, CA
    Application Details

    I applied through other source. The process took 2 weeks - interviewed at Residential Finance in December 2012.

    Interview Details

    We were a new branch so there was no interview process

    No Offer
    Neutral Experience
    Easy Interview
  3.  

    Senior Loan Officer Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied through a recruiter. The process took 1 week - interviewed at Residential Finance.

    Interview Details

    Had a recruiter contact me on linked in. Made it sound like everyone makes over $100k and the company is so much better than the others, etc, etc. This was over the phone.

    Came into the office and met the recruiter then took the Wunderlich test.

    Recruiter set up interview with one of the managers.

    Manager seemed pretty cool, but he was wearing a weird short-sleeved button-down shirt with two pockets in the front and jeans, real professional.

    Basically offered me the job on the spot.

    Interview Questions
    • They did not really ask me any surprising questions, just wanted to know about my work history and sales experience.   View Answer
    Negotiation Details
    There is no negotiation since there is not salary. You make 100% commission, if you do not close enough loans to make commission they pay you the state mandated minimum wage and will probably fire you in a couple of months.
    Accepted Offer
    Neutral Experience
    Easy Interview
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  5.  

    Senior Loan Officer Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied through an employee referral. The process took 1+ week - interviewed at Residential Finance.

    Interview Details

    Horrendous! Everything was a lie! They tell you that you will make all this money and be successful and it's a huge exaggeration. I always expect people to stretch the truth in an interview but this was just unbelievable. They did give me a wonderlic test at the beginning but that was about it. The VP Mike Corrigan did a part of the interview and he seemed pretty skittish and unsure of how to even interview someone so maybe I should have used that as a sign of things to come.

    Interview Questions
    Accepted Offer
    Negative Experience
    Easy Interview
  6.  

    Account Executive Interview

    Anonymous Interview Candidate  in  Tampa, FL
    Anonymous Interview Candidate in Tampa, FL
    Application Details

    I applied online. The process took 1 week - interviewed at Residential Finance in April 2013.

    Interview Details

    I had a initial phone interview where they went over my experiences and skills. After a couple days they brought me in to interview with a manager and one of the senior loan officers. The questions were pretty standard interview questions most of them were about my past jobs and internships. Then I was called in for a job shadowing to see if the job was something I wanted to do.

    Interview Questions
    • If you ever experienced a problem how did you overcome it?   Answer Question
    Declined Offer
    Positive Experience
    Average Interview
  7.  

    Underwriter Interview

    Anonymous Interview Candidate  in  Columbus, OH
    Anonymous Interview Candidate in Columbus, OH
    Application Details

    I applied through a recruiter. The process took 1 week - interviewed at Residential Finance.

    Interview Details

    The interview process was very streamlined. I got a call from HR who completed some qualifying questions. They set up a face to face rather quickly and I was notified of their intent to hire within 72 hours of my interview. The day I started my desk was set up, my logins all worked and I was very impressed.

    Negotiation Details
    I was thrilled to get the offer and did not negotiate as I thought the base pay being offered was fair and in line with my experience.
    Accepted Offer
    Positive Experience
    Difficult Interview
  8.  

    Internship Interview

    Anonymous Interview Candidate  in  Columbus, OH
    Anonymous Interview Candidate in Columbus, OH
    Application Details

    I applied online. The process took 2 weeks - interviewed at Residential Finance in January 2013.

    Interview Details

    I was initially contacted by someone in HR after applying through their website. I was then asked to come in for a 1 on 1 interview with the person who would be my direct supervisor. Additionally, I was asked to fill out an online application. This was an easy process, however, they asked for my social security number three times. I personally would never send my social security number along with all of my personal information over the internet. Even though it was a required field, I got around it. When I went to the office for an interview, the receptionist greeted me and asked me who I was there to see. She let me know my interviewer would be here to get me in a few minutes. I waited for roughly 15 minutes until my interviewer finally came to get me. I received no apology for the interview starting late - they went right into asking questions. The majority of the interview was talked about how fun the job was and how there's so many males working in the office that make it the fun environment that it is. It seemed as though she was trying to sell me the job based on working around good looking people rather than getting a good experience. They talked very fast and didn't answer my questions the way I had hoped. Rather, they jumped around and essentially gave the same answer to ever question I asked.

    Interview Questions
    • There weren't necessarily difficult questions asked, however, the interviewer did use a lot of technical jargon that even they said they didn't understand/know until the company had paid for them to take a course. I have had experience in the finance/loan industry and I still didn't know what she was talking about. Why they thought I would know what it meant is beyond me.   Answer Question
    No Offer
    Neutral Experience
    Average Interview

    Residential Finance Response

    Jan 28, 2013Director of Talent Acquisition

    We are sorry to hear about your experience interviewing with Residential Finance Corp (RFC). Please know that we take customer service seriously for anyone who interacts with RFC. We do apologize ... More

  9.  

    Senior Loan Officer Interview

    Anonymous Interview Candidate  in  Columbus, OH
    Anonymous Interview Candidate in Columbus, OH
    Application Details

    I applied through a recruiter - interviewed at Residential Finance in August 2012.

    Interview Details

    Interview process very smooth and inviting. More of a relaxed environment.

    Interview Questions
    • Hardest question was relating my current employment to the job applying and interviewing for.   Answer Question
    Negotiation Details
    Very simple
    Accepted Offer
    Positive Experience
    Easy Interview
  10.  

    Receptionist Interview

    Anonymous Interview Candidate  in  Columbus, OH
    Anonymous Interview Candidate in Columbus, OH
    Application Details

    I applied through other source. The process took a day - interviewed at Residential Finance in December 2011.

    Interview Details

    I heard that a position was open and even though I was over qualified, I applied. Our interview was professional and to the point giving me an opportunity to explain that this was a company I was definitely interested in joining. I was hired as a temp., giving me the chance to show my work skills and ethics. Your interview for any job should be dress your best, showing that you have respect, and do your research, learn all that you can about the company you are applying for.

    Interview Questions
    • What do you know about our company and why do you want to work here?   Answer Question
    Negotiation Details
    Being overqualified, the salary was lower than I hoped and parking downtown was an issue, I was able to negoiate suitable arrangements.
    Accepted Offer
    Positive Experience
    Easy Interview
  11.  

    Customer Service Interview

    Anonymous Interview Candidate  in  Columbus, OH
    Anonymous Interview Candidate in Columbus, OH
    Application Details

    The process took 3 days - interviewed at Residential Finance in February 2011.

    Interview Details

    It was for an internal position. I was approached after I voiced wanting to advance to senior management about the position within a week of my request. My interview was set up with the CMO and Senior VP of the corporation for a Friday. The night before I was prepped with the job description and talking points by a senior executive. The role was created around my skills and the needs of the company. The actual interview took about 3 hours and it was 3 business days before I got the formal offer but I cannot express my gratitude in the support, faith and career advancement opportunity I was given. This is an AMAZING company.

    Interview Questions
    • Will you be as passionate about this position as you are about your volunteer work?   View Answer
    • We know you are not from Ohio and no family here and that you long to go home. Can we trust you would stay in Ohio for the job?   View Answer
    Negotiation Details
    Negotiating was tough. The individual in the role prior to me had a base salary that was half what I needed, I also added the option of a bonus. The reason is I knew I couldn't, nor could management, justify paying me 4 times what the person before was paid but I could bump the salary because my experience and knowledge can't be matched. The bonus allowed the justification to hit the bottom dollar I needed to make and I was clear from the start on what I needed to make. There is no sense wasting your times or the employers time if your needs cannot meet their budget.
    Accepted Offer
    Positive Experience
    Difficult Interview

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