MPF® University Welcomes MGIC: Focus on Sole Proprietor and Rental Incomes

MPF Webinars

Date / Time: Wednesday, November 4, 2020 1:00 PM - 2:00 PM

Location: Webinar

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During this comprehensive webinar we’ll walk you through the Personal tax return. We’ll also take you on a step-by-step review of the Sole Proprietor and Rental Income. Defining common terms and theories, such as nonrecurring vs. recurring income or expenses, will help you develop a clearer picture of your self-employed borrower’s income and financial standing.

This webinar will provide:

• A review of the Personal tax return (Form 1040) and its schedules.
• An in-depth look at the Sole Proprietor (Schedule C) and Rental Income (Schedule E).
• Ways to increase efficiency in processing and underwriting self-employed borrower loan applications.
• A review of documentation requirements, acceptable income and underwriting criteria.

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