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Loan Officer Training 05/01/2024 - How to Calculate Non-QM Self Employed Income: Profit & Loss
Manage episode 416013113 series 3443997
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Welcome to "Loan Officer Training," your go-to podcast for mastering the intricacies of mortgage lending. In this episode, we're diving into the process of calculating non-QM (Non-Qualified Mortgage) self-employed income using Profit & Loss statements.
Join us as we explore the specific techniques and documentation required to accurately assess the income of self-employed individuals in the non-QM lending sector. We'll discuss how to interpret Profit & Loss statements, identify key financial metrics, and calculate income based on the data provided.
Whether you're a seasoned loan officer looking to expand your knowledge or a newcomer eager to learn the ropes, this episode offers valuable insights and practical tips to help you navigate the complexities of evaluating self-employed income for non-QM loans.
Tune in to "Loan Officer Training" and arm yourself with the skills and expertise needed to confidently calculate non-QM self-employed income using Profit & Loss statements.
Join The Mortgage Calculator at https://themortgagecalculator.com/join
About The Mortgage Calculator:
The Mortgage Calculator is a licensed Mortgage Lender (NMLS #2377459) that specializes in using technology to enable borrowers to access Conventional, FHA, VA, and USDA Programs, as well as over 5,000 Non-QM mortgage loan programs using alternative income documentation!
Using The Mortgage Calculator proprietary technology, borrowers can instantly price and quote thousands of mortgage loan programs in just a few clicks. The Mortgage Calculator technology also enables borrowers to instantly complete a full loan application and upload documents to our AI powered software to get qualified in just minutes!
Our team of over 350 licensed Mortgage Loan Originators can assist our customers with Conventional, FHA, VA and USDA mortgages as well as access thousands of mortgage programs using Alternati
Catch all the episodes of the Loan Officer Training Podcast at https://themortgagecalculator.com/Page/Loan-Officer-Training-Series-Podcast
Catch all the episodes of the Loan Officer Training Podcast at https://themortgagecalculator.com/Page/Loan-Officer-Training-Series-Podcast
Loan Officers for Unlimited Free Non-QM Leads & Trainings Join The Mortgage Calculator at https://themortgagecalculator.com/join
The Mortgage Calculator is a licensed Mortgage Lender (NMLS #2377459) that specializes in using technology to enable borrowers to access Conventional, FHA, VA, and USDA Programs, as well as over 5,000 Non-QM mortgage loan programs using alternative income documentation!
Using The Mortgage Calculator proprietary technology, borrowers can instantly price and quote thousands of mortgage loan programs in just a few clicks. The Mortgage Calculator technology also enables borrowers to instantly complete a full loan application and upload documents to our AI powered software to get qualified in just minutes!
Our team of over 350 licensed Mortgage Loan Originators can assist our customers with Conventional, FHA, VA and USDA mortgages as well as access...
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