Assessing Borrower Income for C Corporations

Course Description

This course provides an overview of self-employment income from C corporations (C corps). The course includes an explanation of C corps, the tax return documents used for verification, and the process for determining income used for lending purposes through an income analysis.

What You’ll Learn:

· Recognize the tax forms used for C Corporations

· Describe the process to determine self-employed monthly income

· Demonstrate how to calculate self-employed monthly income

20 Minutes

Series: Mortgage 101

Roles: Mortgage Closer, Mortgage Loan Originator, Mortgage Lock Desk, Mortgage Processor, Mortgage Professionals, Mortgage Servicer, Mortgage Underwriter

Course Format: Online Self-Paced

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