Take this course at yout own liesure!
This course will help regardless of your experience level!
How many times have you received your conditions back from the underwriter asking for schedules you've never even heard off!!! This course teaches you how to calculate income from your borrower tax returns, identify when your missing a schedule and complete a worksheet so the underwriter knows how you arrived at your income.
- Analyze the 1065 partnership return, the 1120 S-Corporate return, and the 1120 US Corporate return
- Identify the different business structures
- Spot red flags on a 1040 that could affect your underwriting decision.
- Determine cash flow from a Schedule C (used by most small business owners).
- Learn how underwriters view self-employed borrowers and different sources of tax income.
- E-Book available in the library section of course.
This is a great course for loan officers and loan processors, account managers, loan coordinators and outsource processors who primarily delt with sub-prime and alt-a loans. The shift in the mortgage industry has left a lot of mortgage professionals confused frustrated and unable to produce Quality Loans. This course is offered as a self-study.