$43.00
- Format:Online Self-Paced
- Education Type:Professional Development
- Line of Authority:N/A
- Language:N/A
- Credit Hours:N/A
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