The MPF Program provides free, on-demand learning resources for our members. Some MPF webinars are recorded and made available on-demand. While we try to post only the most recent offerings, some of the information in these presentations may have changed since recording. Always consult the MPF Guides for the most current information about MPF products and procedures.

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  • Nov 14, 2019
  • 01:00 PM

Underwriting Investment Properties under the MPF Xtra® Product

Summary

 

Overview

Beginning November 4, investment properties will be eligible for delivery under the MPF Xtra® product. In this session, we will review the guidelines for underwriting investment properties. In addition to covering  general eligibility requirements attention will be given to the following:

  • Documenting rental income
  • Calculating monthly qualifying rental income (or loss)
  • Treatment of rental income (or loss)

Who Should Attend?

This presentation is recommended for:

  • Loan officers/originators
  • Processors
  • Underwriters
  • Quality Control Staff

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