Webinar Recording: Evaluating Borrower Income

If you missed or are interested in re-watching the “Evaluating Borrower Income” webinar hosted on November 8th, we wanted to share the recording with you. Once you click the link, you will be prompted to add your contact information then it will take you to the recording.

Effectively evaluating and calculating borrower income is an integral piece of the mortgage loan process. In this webinar, LenderSelect Mortgage Group’s Lending and Training team performed a high-level income overview on the following topics:

  • Self-Employed Income
  • Rental Income
  • Salaried Income
  • Hourly Income
  • Hourly Income plus Overtime
  • Commission

If you are a LenderSelect community lending teammate, you can find the income calculation worksheet here. Note: You must be logged in. If you are not currently working with LenderSelect, you can find similar income calculation worksheets online from various MI companies.

If you have additional questions, specific scenarios or are interested in learning more about becoming a LenderSelect teammate, please email help@lenderselectmortgage.com.