Training

Analyzing Self-Employed Borrowers 303 – Using Rental Income from a Business-Owned Property

30 minutes

Categories: Self-employed borrowers | Income | Skill-based

Join us as we discuss using rental income from a property owned by your borrower’s business and what to do when your borrower is personally liable for the associated mortgage.

In this 30-minute webinar, we will:

  • Solve the mystery of why IRS Form 1065 is blank
  • Learn to analyze the business tax forms to calculate the rental income
  • Determine what steps to take to offset the mortgage in your borrower's name

Upcoming Sessions:

Recorded Session

Available any time.

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Sandra Sweeney

Senior Customer Trainer and Training Program Designer

Sandra Sweeney

With over 35 years of experience, Sandra Sweeney is a mortgage industry veteran. She has a deep understanding of and appreciation for the various roles in the industry after having worked in operations, loan origination, underwriting, and management.

Now a senior customer trainer and program designer, she facilitates many of MGIC's national webinar courses. Sandra’s live and on-demand webinars focus on critical industry subjects such as the fundamentals of the mortgage process, how MI works, topics involving self-employed borrowers, how to review an appraisal, and more.

You can see Sandra in action throughout MGIC’s on-demand video series called Magic Minutes. These 15-minute tutorials help mortgage industry pros expand their knowledge on important topics like evaluating and calculating borrowers’ income.