Calculating Income Part 1: Income Documentation and Guideline Review

Training Image

This session reviews guidelines for Fannie Mae and Freddie Mac for basic income sources such as base, overtime bonus and commission and how to review the different documents to support the income. View our resources for calculating income during COVID-19.

Learning Objectives: Understand Fannie Mae and Freddie Mac guidelines for basic income sources. Learn what to review on pay stubs, W-2's and verification of employment and best practices for review.

Recommended Prerequisites: None

Recommended Audience: Mortgage Professional, Loan Officer, Loan Processor, Underwriter

In-Person Training: To arrange in-person training for your group, contact your sales representative. FIND YOUR REP NOW

  • In-Person
  • Live Webinar
  • Recorded Webinar

Select the resource files you'd like to download.