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2021 Community Support Statements

FHFA Community Support Statements are due no later than October 29, 2021. We are encouraging members to complete this as soon as possible to avoid being placed in restricted status. Emails are being sent to contacts containing instructions for completing the statements.

 
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MPF® University Welcomes MGIC: Focus on Sole Proprietor and Rental Incomes

MPF Webinars

 

Date / Time: Wednesday, November 4, 2020 1:00 PM - 2:00 PM

Location: Webinar

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During this comprehensive webinar we’ll walk you through the Personal tax return. We’ll also take you on a step-by-step review of the Sole Proprietor and Rental Income. Defining common terms and theories, such as nonrecurring vs. recurring income or expenses, will help you develop a clearer picture of your self-employed borrower’s income and financial standing.


This webinar will provide:

  • A review of the Personal tax return (Form 1040) and its schedules.
  • An in-depth look at the Sole Proprietor (Schedule C) and Rental Income (Schedule E).
  • Ways to increase efficiency in processing and underwriting self-employed borrower loan applications.
  • A review of documentation requirements, acceptable income and underwriting criteria.

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Address:

500 SW Wanamaker Road
Topeka, KS 66606

Phone:

785.233.0507

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