Fannie Mae provides a service called Income Calculator which will analyze selected self-employed income and provide a qualifying income. Using this service makes lenders elidable for rep and warrant relief for the calculated income. To lean more about this new service, refer to the following Income Calculator fact sheet. If you would like to know more about this service, please download the FAQ from Fannie Mae below.
Income Calculator Lender Fact Sheet
If you are ready to move forward with Fannie Mae Income Calculator, you should refer to the Lender Readiness Checklist. This checklist outlines the requirements of Blueprint, and Fannie Mae to set up Income Calculator for your Blueprint account.