Sometimes you need that extra income to get your borrower over the DTI hump to move them from declined to qualified.  One item that many loan officers want to turn to is dividend and interest income found on the borrowers 1040s.


The big question out there is “what is interest and dividend income and what will I need to qualify the borrower to use this income?”  In today’s video blog we will review the following:


  • What income can you use from the 1040’s
  • What supporting documents you will need to use interest & dividend income
  • How do you properly calculate the income
  • What is a reasonability test


This video blog is actually part of the new UberWriter training library that is included with most of our subscriptions.  With the training library, we break down numerous topics about how to properly underwrite a loan from reviewing the application, all the way to giving that “clear to close” on the loan.  Proper topics like variable income, 1065 income, 1120S income, are all described in detail to help you anytime you need that extra of instruction!

You can check out all the information about UberWriter and our training library at  Thanks for checking out our blog!