MPF Webinars

MPF® University Welcomes Radian:

Basics of Income

March 11, 2021
2:00 PM – 3:00 PM ET

Overview

In this foundational session presented by Radian, you will learn how to calculate the most basic types of income including: base income, hourly pay including overtime, commission, bonus income, and tip income.

In this course you will learn to:

Calculate base pay and discuss the nuances of including additional income sources, such as overtime, commissions and bonus pay

Document income based on GSE requirements and when to compare to your company’s guidelines

Analyze the VOE to assess the borrowers pay history and employment status for the purposes of income qualification.

How to address part time or secondary income types, employment gaps, unemployment benefits and contractual employment