Covers all income types and best practices for calculating and verifying borrower income accurately.
The Linked Income feature in IncomeXpert helps you qualify borrowers that hold short term assignments and move employer to employer due to the short term nature of their professions. What
Why this comes up more than you’d think Business owners restructure their companies all the time — and almost always for tax reasons, not because they started a new business.
Nothing about the rules has changed. The math still works the same. The guidelines are still the guidelines. Yet January continues to be the month where income calculations create unnecessary
When applying for a mortgage, few types of pay are as confusing or as valuable as RSU income. For many borrowers, restricted stock units make up a large part of
Assessing borrowers with substantial accessible liquid assets but limited recurring income can present unique underwriting challenges. Fannie Mae’s asset depletion program offers lenders a way to qualify these borrowers by
Self-employment is great, but it can make the mortgage application process somewhat challenging. The good news is that Form 91 by Freddie Mac can simplify things for both lenders and
Determining income for union workers comes with unique challenges. Unlike conventional employment, these workers typically take on a series of short-term assignments. They don’t job-hop in the traditional sense; rather,
Variable income presents unique challenges in mortgage underwriting due to its fluctuating nature. Unlike fixed salaries, this type of income can vary over time, making it harder to assess stability
How do I gross up non-taxable income? Non-taxable income refers to earnings exempt from income taxes. Common examples include child support, alimony, Social Security income, VA benefits, interest income, and
Securing a mortgage for your borrower is exciting, but sometimes, you might find your borrower is on the edge of qualification. Imagine helping your borrower who is just a step
