Income & Earnings

Over the last twelve months I have been confronted with quickly learning the in’s and outs of Fannie Mae Day 1 Certainty program, this blog is just about the income

One of the more challenging areas in building UberWriter is getting agreement from FHA DE’s on the details of determining self-employed income. I spent my career mainly working in the

Off and on for the last few years I have been a volunteer financial coach at my church using the Financial Peace University program created by Dave Ramsey. This is

The conventional (FNMA/FHLMC) cash out delayed financing exception program seems to carry a lot of misinformation with the program. I think the reason behind this top mistake is it isn’t

A question that has come up in our email box recently is “Can I use “other income” noted on the VOE”? I think the increase of this question in our

Credit reporting agencies have changed the rules. The question of judgments and tax lien payoffs has come up at multiple lenders. Multiple different lenders have contacted me with questions from

One of the basic requirements from both FNMA and FHLMC is for the underwriter to determine the stability of the income used to qualify. This is where the concept of

When working with borrower’s just into retirement years they sometimes come with a unique challenge of FANTASIC credit, TONS of assets, but low-income due to being retired.  Nothing more frustrating

Everyone wants a good deal when buying their next home.  Some of the best deals are found on homes that have been foreclosed or purchased at an auction.  However, these good

Mortgage, notes, and bonds due in under 1 year is a line item well known, but little discussed in the guidelines.  This single item on a self employed borrower can