Calculating Income Beyond the
Salaried Borrower
| Description
This webinar examines how to calculate various income types beyond what is reported on the standard W-2, such as bonus, overtime, commission, and social security income. We also focus on how to identify required documentation and potential red flags in standard income documentation. Practice exercises are included. |
  |
Agenda
- Importance of proper income calculations
- Overview of independent verifications required to calculate income
- Income Calculations for various types of borrowers
- Calculating income and red flag identification w/practice exercises
Length
- 2 hours
Recommended Attendees
- Entry level course: This course is most valuable for persons seeking an understanding of how to calculate income other than for standard salaried employees and self-employed borrowers.
Target audience: Operations: Loan Coordinators, Loan Processors
Prerequisite
- None
Materials
- Calculator
- Pen/Pencil
- Calculating Income Beyond the Salaried Borrower-Presentation [PDF]
- Calculating Income Webinar Exhibits - Participant Download [PDF]
Questions?
- Contact Tina Callisto at 925.658.6836
The mortgage insurance discussed in this website is underwritten by
PMI Mortgage Insurance Co. and its affiliates.
PMI Mortgage Insurance Co. and its affiliates.
