Correctly Calculating The Borrower’s Income

Correctly Calculating The Borrower’s Income


Believe it or not:

One of the top reasons loans are returned or denied by lenders is improper calculation of the borrower’s income.

Regardless of who’s mortgage software you’re using, your software can’t look at the borrower’s income documentation and apply underwriting rules on whats acceptable and whats not.

Only competent originators and processors can review the borrower’s income and decide if it’s acceptable or not.



Instructor:         Kathy Lewis
Duration:            1:38 hrs 
Access:                3 Month Unlimited Access
Manual:              Printed 
Case Studies:    Printed 
Testing:               Yes
Certificate:        Awarded after online testing


Easy to use and to learn

Kathy Lewis’s presentation is easy to follow and is synchronized to your online and downloadable  manual with case studies.

You also have the option of down loading your materials while waiting on your printed materials to arrive.


Open The Table of Contents

20% Declining Income Rules: When you need to use them
The allowable differences in combining w-2’s -1099’s- and expenses 
When and how to average different incomes over past years and months
When and how to average commissions
When and how to deduct business expenses