Businesses Impacted By COVID-19: Is The Income Stable And Likely To Continue? Per Fannie Mae and Freddie Mac, just because your self-employed borrower’s income has been negatively impacted by COVID-19, it does NOT automatically mean it cannot be used as qualifying income. Additional analysis is simply required. In this class, you'll learn a simple five-step process for reviewing the new documentation required to determine if a stable monthly income can be established. We'll also share our new “tool” for analyzing the business’s unaudited YTD Profit & Loss statement compared to its most recent two months of bank statements.