Self-Employed Borrowers - Personal Tax Return Analysis (SAM Method) Tuesday, November 20, 2018 2:00 p.m. (CST)/3:00 p.m. (EST) Who Should Attend: Loan Officers, Processors, Underwriters
This comprehensive training webinar takes you step-by-step through a self-employed borrower’s personal tax returns. Defining common terms and theories such as nonrecurring vs. recurring, depreciation and other noncash expenses will help you to develop a clearer picture of your self-employed borrower’s financial standing.
In this webinar, you'll learn to: Review personal tax returns and schedules focusing on sole proprietor (Schedule C) and unreimbursed business expenses (2106) Understand recurring vs. nonrecurring income and loss Increase efficiency in processing and underwriting self-employed borrower loan applications Understand documentation requirements, acceptable income and underwriting criteria
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