Arch MI Presents: Negotiate The Numbers - Understanding Self Employed Borrowers and Business Tax Returns
Summary
Overview
In this webinar presented by ARCH MI, you will learn how to determine qualifying income for self-employed borrowers from both personal and business tax returns. Recognize cash-flow adjustments, which deductions are required, and which are allowable add-backs. Learn when a Profit and Loss Statement is needed and understand business structures related to Sole Proprietorships (Schedule C), Partnerships (Form 1065), S-Corporations (Form 1120S), and Corporations (Form 1120). Also learn how Arch MI’s Tax Return Analysis Calculator (AMITRAC) can assist you in your efforts.
Who should attend?
This presentation is recommended for:
- Loan Originators
- Loan Processors
- Underwriters
- Quality Control Staff
