Evaluating & Calculating Rental Income

60 minutes

Categories: Self-employed borrowers | Income | Skill-based

Not all rental income is calculated the same. Take 60 minutes and explore how this subject can be more complex than you may have thought. As with the analysis of all income, the source must be considered. But with rental income, investor guidelines may also play a role in determining how much income can be included. 

Topics include:

  • Determining documentation requirements
  • Calculating rental cash flow from tax returns (Schedule E) for investment properties
  • When and how to determine rental income from review of a lease agreement
  • What factors to consider if your borrower owns multiple financed properties

Upcoming Sessions:

Recorded Session

Available any time.

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Sandra Sweeney

Senior Customer Trainer & Training Program Developer

Sandra Sweeney

Sandra is a mortgage industry veteran with over 35 years of experience. Her varied roles in operations, loan origination, underwriting and management give her a deep understanding and appreciation for many roles present in the industry. Sandra rejoined MGIC in 2013 as an underwriter and recently transitioned to a full-time customer trainer and training program developer. She currently facilitates many of the MGIC national webinar courses. Sandra and her family reside by the water on Smith Mountain Lake, Virginia. In her free time, she enjoys boating, swimming and hiking.