• Jul 21, 2022
  • 1:00 PM

MPF® University Welcomes Radian: Basics of Income

Summary

Overview

In this foundational session presented by Radian, you will learn how to calculate the most basic types of income including: base income, hourly pay including overtime, commission, bonus income, and tip income.

In this course you will learn to:

  • Calculate base pay and discuss the nuances of including additional income sources, such as overtime, commissions and bonus pay.
  • Document income based on GSE requirements and when to compare to your company‚Äôs guidelines.
  • Analyze the VOE to assess the borrowers pay history and employment status for the purposes of income qualification.
  • How to address part time or secondary income types, employment gaps, unemployment benefits and contractual employment.

Who should attend?

The presentation is recommended for:

  • Loan Officers
  • Loan Processors
  • Underwriters
  • Quality Control Staff

 

https://attendee.gotowebinar.com/register/2144294388553352208

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