Rental

Rental Income and the Form 8825 The IRS 8825 form, officially titled Rental Real Estate Income and Expenses of a Partnership or an S Corporation, is used to report rental

As more and more people pursue a side hustle to supplement their income, one smart investment option that many people are diving into is the world of rental property. The

For those of us who have worked in the mortgage industry long enough to become comfortable and familiar with all the jargon and acronyms, it can be hard to remember

I have often said that growing a business has many similarities as raising kids.  Every business owner knows that you must spend countless hours helping to form and support your

Last week’s blog we went over the differences for self-employed borrower’s income calculations between FHA and the conventional loan programs from Fannie & Freddie Mac.  The article was well received, and we

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

Coming in February 2018 underwriters will need to consider more information before using rental income to qualify a borrower. Agencies, banks, credit unions, and broker shops will adjust guidelines based

When you have a borrower that has taken rental properties a little more serious the average rental investor and has multiple rental properties, how many will FHLMC finance?  Recent selling

A few months ago we posted a blog focusing on the differences between the rental calculations for other properties the borrower owns when using either FNMA vs FHLMC (REO Showdown