Can I Use Rental Income from a Business-Owned Property?
Join us as we discuss using rental income from a property owned by your borrower’s business and what to do when your borrower is personally liable for the associated mortgage.
In this 30-minute webinar, we will:
- Solve the mystery of why IRS form 1065 is blank
- Learn to analyze the business tax forms to calculate the rental income
- Determine what steps to take to offset the mortgage in your borrower's name
With over 35 years of experience, Sandra Sweeney is a mortgage industry veteran. She has a deep understanding of and appreciation for the various roles in the industry after having worked in operations, loan origination, underwriting, and management.
Now a senior customer trainer and program designer, she facilitates many of MGIC's national webinar courses. Sandra’s live and on-demand webinars focus on critical industry subjects such as the fundamentals of the mortgage process, how MI works, topics involving self-employed borrowers, how to review an appraisal, and more.
You can see Sandra in action throughout MGIC’s on-demand video series called Magic Minutes. These 15-minute tutorials help mortgage industry pros expand their knowledge on important topics like evaluating and calculating borrowers’ income.
All-in-one self-employed income
calculator, rental income calculator