When YTD P&L Statements Come to the Rescue
Session #33: May 23, 2022
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. We will demonstrate how to apply Agency guidelines in analyzing the declining trend of your self-employed borrowers' incomes and show how the YTD P&L statement can come to the rescue.