GET ANSWERS TO THE MOST COMMON CHALLENGES.
INCOME, ASSET, APPRAISAL CHALLENGES AND MORE...
Join us every 2nd and 4th Monday of the month for a LIVE broadcast with two of our senior operations trainers.
They’ll show you how to properly apply Fannie Mae and Freddie Mac guidelines when qualifying a borrower.
Each 30-minute session will focus on a different loan scenario, including real-life loan challenges we receive from you. Can’t attend one of our LIVE sessions? No problem. We record them, so you can get answers you need when it works for you.
Upcoming Training Sessions
Essentials Live! Recorded Sessions: Q4 2023
Haunted by Mileage Depreciation?
Let’s talk calculating mileage depreciation with Schedule C or Form 4562.
Shared Equity Program and Long-term Affordability
Join us as we discuss shared equity programs, concentrating on income and resale price restrictions.
Essentials Live! Recorded Sessions: Q3 2023
Using Business Assets as Down Payment?
Determine if the use of business assets will meet GSE requirements and how the business will be affected.
What MI Can Do for Your Borrower!
How do you decide between 5, 10, 15 or 20% down? We'll discuss scenarios to determine what is best for your borrower to leave room for upgrades or investments.
Qualifying a Traveling Nurse
Walk through calculations to determine what income can be used to qualify a traveling health care professional.
Get Qualified With a Positive Rental Payment History
Learn how positive rent history with an AUS loan could impact the loan decision.
Less Than 25% Business Ownership?
Learn to qualify a borrower, with under 25% business ownership, for a mortgage.
Essentials Live! Recorded Sessions: Q2 2023
Tax Return Deadlines, Amendments & More!
Tax filing season is here! Let's review GSE guidelines regarding tax return due dates, extensions and amendments.
IPC Home Runs
Learn how Interested Party Contributions (IPCs) can help with closing costs and be a home run for your borrower!
No Longer the Boss...?
Have a borrower who recently transitioned from being self-employed to a W-2 full-time employee? Let’s discuss what you need to know to confidently document and calculate income.
Timely Appraisal Adjustments
Join us to discuss positive and negative appraisal time adjustments and learn how this affects the underwriting review and supports the property value.
Non-Traditional Credit: An Unsung Hero
Join us to learn how using non-traditional credit can qualify your borrower!
Essentials Live! Recorded Sessions: Q1 2023
What To Do With a W-2
Become an MVP! We'll show you what boxes to review and why for wages, housing, tip income and more.
How To Establish Liquidity When the Schedule L Is Blank
Discover the different types of documentation that can be used to determine liquidity.
Using Employment Offers As Proof of Income
The loan closes prior to my borrower's start date. I don’t have a paystub. Can I use the income from their new employer?
The ABCs of RSUs
Learn the ins and outs of Restricted Stock Units (RSUs) and when they can be used as qualifying income.
Join us and learn what you need to know when a borrower works in a family business and what's required for this non-arm's length transaction.
Essentials Live! Recorded Sessions: Q4 2022
Rates Are Up – Time To Buydown?
Join us as we demonstrate types, break-even points and more. It's as easy as 3,2,1!
The Maze of 8825 Rentals
When can I offset the mortgage? Can I add back depreciation? How do I cash flow a property? Get answers to these questions and more!
'Tis the Season To Be Thankful for Non-Taxable Income
Join us to learn how and when you can gross-up income for your borrowers and maximize their purchasing power.
Income Analysis Challenges in a Multi-Earner Era
The 'gig economy' has evolved and so have the variable income challenges. Join us as we dive into some unique scenarios to determine what you can and can't use and why.
Essentials Live! Recorded Sessions: Q3 2022
Garbage In...Garbage Out: Why Data Integrity Matters
Join us as we discuss why data integrity is so important to get the right documentation requirements on your AUS report.
From Unpredictable to Predictable: Salary Leads to Stability
A borrower working a salaried position is considered to have stable income that is likely to continue. There are a few things to consider after finishing their monthly income calculation.
Using Bonus or Commission Income To Qualify Your Borrower
Join us as we examine bonus and commission income scenarios, including bonus income for a borrower who recently received a promotion, and commission income when a borrower has less than 2-years of earnings.
Rental Income Analysis Unpacked
Offset payment or use rental income? Lease or no lease? What else do I need? Does it matter if the property was placed in service as a rental in the current calendar year?
Indexes, margins, caps and more...3/6, 5/6, 7/6 to explore. Join us for a lively discussion on ARM components, how to accurately qualify your borrower and when it is the right "fit" for your scenario.
Essentials Live! Recorded Sessions: Q2 2022
Growing Your Income - When to Use Rental Income to Qualify
Borrower lives rent free with his parents and is applying for a mortgage to purchase a second home. Already owning an investment property, he wants to use rental income to help qualify. What do we tell him?
It’s Spring Time, a New Business Has Sprouted!
My borrower has had a Schedule C business for years and started a second business last spring. Can I use the new business income to qualify my self-employed borrower?
The Joys of Motherhood and Qualifying Income.
Discover how to properly calculate the monthly qualifying income of a borrower who recently took unpaid family medical leave from work.
When YTD P&L Statements Come to the Rescue
There are times when obtaining a YTD P&L statement from your self-employed borrower's business will save your deal. In this session, learn how to use Fannie and Freddie guidelines to your borrowers’ advantage.
Analyzing A Truck Driver's Income
Truck drivers can have multiple sources of income including per diem, drop, detention, rate per mile and/or loading pay. We will demonstrate how to apply Agency guidelines in analyzing a trucker’s income.
Essentials Live! Recorded Sessions: Q1 2022
Hourly, Overtime, Seasonal = Variable Income
Have you ever wondered when can you use unemployment income to qualify your borrower?
Tax returns getting you down? Learn to recognize the 'story' your SEB's income reveals.
Every business owner has been impacted by the pandemic. Join us to learn how to recognize the ‘story’ of their income so you can feel confident in your decision.
Tough LOVE in February
What documentation is required for your self-employed borrower in the 1st quarter of 2022? Join us to review various date-driven scenarios.
Love & Money... What to do when one makes it and the other spends it.
One borrower is a self-employed physician and the other is a self-employed day-trader. Join us as we analyze this couple’s income, demonstrating Schedule C income analysis and capital gains/loss analysis.
Learn how a leprechaun grants these 3 wishes for a self-employed borrower.
Join us to see how 3 wishes are granted...
Essentials Live! Recorded Sessions: Q4 2021
What is a recourse loan and how does it impact how we analyze borrowers with a Partnership or LLC?
Learn the difference between recourse and non-recourse loans and how those debts are allocated based on the structure of the business.
Borrower works fluctuating hours & has job gaps. Can we use this income to qualify them?
The borrower's hours fluctuate weekly and there are two big job gaps within the past three years. In this session, we will use Agency guidelines...
Up, down, up. How do I qualify my self-employed borrower's fluctuating income?
Join us as we tackle the dilemma of calculating a self-employed borrower’s fluctuating income, plus analyzing a borrower’s income while applying FNMA/FHLMC guidelines.
How do I analyze multiple K-1’s when the borrower owns less than 25%?
In this session, we’ll answer your questions about less than typical business owners, including when you need tax returns and what to do when multiple K-1’s show a possible business loss.
Essentials Live! Recorded Sessions: Q3 2021
Shift Differential. What is it? Can I use it as income to qualify the borrower?
Participants will learn how Shift Differential is earned and how to apply Fannie Mae and Freddie Mac guidelines.
Deferred Compensation, can I use it as income?
Participants will learn what FNMA and FHLMC guidelines state, and how to apply a particular scenario.
Do I have to complete a cash flow analysis if my borrower receives W-2 income from their corporation?
We will review FNMA and FHLMC guidelines for Borrowers who own a Corporation and determine how to properly qualify your Borrower.
The “Case” for Differentials Income
Using a recent case where a nurse is receiving differential pay, we will walk through the calculations to determine what can be used to qualify the borrower and why.
Can I offset a loss reported on my B’s K-1 if the business is not liquid?
Following guidance from GSEs, we will demonstrate how to review the K-1 and the 1120-S to properly qualify your borrower.
Essentials Live! Recorded Sessions: Q2 2021
1065 is BLANK, where's the income?
Learn what to look for when the first page of the 1065 is blank, and see where income may be reported.
Clergy filing Sch. C and has housing allowance too. What's his qualifying income?
Learn how to document and determine qualifying income for your borrowers who are Clergy members.
Two borrowers share equal portions of ownership, in three businesses. How do I document and calculate their income?
Learn how to properly document self-employed borrowers who own multiple businesses.
Essentials Live! Recorded Sessions: Q1 2021
More Essentials Resources
Easily skip what you know, re-review content that deserves a second look and be quizzed along the way.
Sharpen your professional skills on your schedule with our recorded webinar sessions.