Other Sources of Income: Documentation and Analysis (MPF® Program)
Overview
Many borrowers rely on income that doesn’t derive from employment. In this webinar we will be discussing common “other” forms of income including:
- Social Security and disability income
- Retirement
- Employment-related retirement accounts
- Restricted stock units
- Trust income
Alimony, child support, and separate maintenance
We’ll explore when certain types of income can or cannot be used, the documentation needed to verify the income, and calculation methods.
The presentation is recommended for:
- Loan Officers
- Loan Processors
- Underwriters
- Quality Control Staff