Catch this sequel to The Basics of Income for an introduction into more complex income types that can be used to qualify your borrower, including non-taxable income.
In this course you will learn to:
• Understand the GSE requirements for documentation of Social Security, Child Support, Alimony, Military Income, Disability, and Retirement income
• The importance of establishing stability, predictability and continuance of these complex income sources as they relate to the risk of the loan
• Calculate and gross-up non-taxable income sources