How to Evaluate and Calculate Borrower Income - Focus on Base, Hourly, Overtime, Bonus and Commission
Who Should Attend: Loan Officers, Processors, Underwriters
To make an informed underwriting decision, it is critical to thoroughly evaluate and calculate borrower income. Will the borrowers be able to make their new mortgage payment AND meet all their other monthly obligations?
During this interactive webinar, you will learn to:
- Document various income types
- Calculate various types of qualifying income
- Analyze yoru results for stability