Evaluating and Calculating Borrower Income – Focus on Variable Sources

Evaluating variable income can be challenging due to its fluctuating nature. Plus, you have to understand all the Agency guidelines for analyzing variable income. Learn how to analyze income trends along with other factors so you can make the best underwriting decisions when calculating variable income.

During this webinar, we will examine specific case studies involving:

• Commission
• Overtime
• Bonus
• Shift differential

Note: This class does not include evaluating self-employed borrowers (SEB). MGIC offers specific SEB classes for analyzing returns for corporations, sole proprietors, partnerships, S corporations and rental income.