Over the last few days we have been putting the final touches on our 2018 underwriting training courses launching March 2nd. While I was reviewing the rental income course I realized we did not provide enough information in one key area. There is a difference for rental income generated from a primary residence on a conventional loan versus a rental property. To make sure we keep our training the best on the market, we created additional content for the training library just for this topic.
Our audit reviews show most underwriters properly interpret FNMA/FHLMC guidelines on when you can use income […]