Professional Development Online Self-Paced

Assessing Income for Sole Proprietorships (Schedule C) ~ E3

Included with Mortgage HQ Subscription

The professional development course is included with a Mortgage HQ subscription. Learn More

This course is designed to give a broad overview of how the mortgage industry approaches borrowers who are sole proprietors, including collection of income documents, as well as the calculation of income.
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SKU 4306US00828A00

  • 24/7 access to your course online
  • Certificate of completion
  • Lending Basics
  • Underwriter
  • Processor

What You'll Learn

  • Identify documentation that should be provided by sole proprietorship owners to meet income documentation requirements
  • Review documents commonly required of sole proprietors to qualify for mortgage financing
  • Calculate income for sole proprietorship owners
  • Understand differences between traditional and portfolio loans that self-employed borrowers may qualify for
  • Recognize common potential issues within the loan process mortgage professionals may run into, and how they can sometimes be resolved

How it Works

This is an online self-paced course that allows you to study the course material independently and at your convenience. Access to a computer with internet access is required. This course is supported on most computing devices, including desktop and laptop computers, tablets and cell phones.

State Requirements

Professional development courses are not required by any state. These courses are designed to help you advance your career, grow your business and make the commitment to lifelong learning.


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