Analyzing Self-Employed Borrowers 301 – Focusing on Corporations & Financial Statements

60 minutes

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

Heads up: This course assumes you are comfortable building income from tax returns. This intermediate session drills into business financials within files.

Bring your questions and experience to this 60-minute session, where we will:

  • Discuss the corporation (Form 1120) and how it's different from other business structures
  • Highlight special considerations when using income from the corporation for qualifying
  • Break down the sections of the balance sheet and income statement
  • Identify other trend ratios that can assist in evaluating the stability of the business

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.