This installment of the Underwriting guy video blog is Interest / Dividends / Capital Gains. Today we will review the following
- What the guidelines from FNMA on using interest /dividend/capital gains
- What documents are needed to support these income types
- How do you calculate income from these sources
Learning how to properly add in these types of income may help you get a borrower approved. The instructions in this video will make sure you don’t end up with a buy back due to improperly adding the income in!