MPF® University Welcomes MGIC: Evaluating Self-Employed Income During COVID-19
Overview
Calculating the qualifying income of a self-employed borrower is often challenging – but throw a pandemic into the mix – and it becomes daunting! Give us 60 minutes to help you identify where to start, what additional documentation is needed and how to analyze income trends.
Topics include:
- Questions to consider regarding COVID-19’s impact on your borrower’s business
- Interpreting YTD financial statements
- MGIC’s new P&L Statement analysis tool
- Impact of YTD earnings on qualifying income
Who Should Attend?
- Loan officers
- Loan processors
- Underwriters
- Quality control staff