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Calculating Rental Income

Course Description

Borrowers with rental properties pose unique challenges to mortgage professionals when it comes to documenting and calculating income. In this course, participants will learn how to review and calculate rental income. What You'll Learn: Define rental income and when it can be considered to qualify for a loan Review how to document rental income for subject and non-subject properties Describe the documentation a potential borrower might be required to provide
30 Minutes
Series: Mortgage 101
Roles: Mortgage Professionals, Mortgage Closer, Mortgage Loan Originator, Mortgage Lock Desk, Mortgage Processor, Mortgage Servicer, Mortgage Underwriter
Course Format: Online Self-Paced

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