Income & Earnings

When I worked as a mortgage recourse auditor, I had to play a game daily called “where’s waldo”.  I am sure you have heard of this game where you look

I had an interesting question come in a few weeks back.  At first it seemed like a “1 in a 1000 issue” but a few days later another person had

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

Over the last few days we have been putting the final touches on our 2018 underwriting training courses launching March 2nd.  While I was reviewing the rental income course I

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