Part 2 of this series for consumer and commercial lenders will cover Schedules E and F, which are some of the most difficult schedules to analyze. You will learn about Schedule E Page 1 (Rental and Royalty Properties) and the best way to find cash flow for a debt ratio calculation. For Schedule E Page 2 (Partnership and S Corporation pass-throughs), discover which pass-through items can be ignored, and where to find the real cash flow from partnerships and S Corps. With Schedule F (Farm Income), find the actual cash flow, not what the borrower reported for tax purposes.
Upon completion of this session, you will be able to efficiently identify actual cash flow from sources such as rental properties, partnerships, S Corps, and farms, and how they affect an individual’s cash available for debt service. (Note: This method does not follow Fannie, Freddie, or QM rules used in mortgage lending.)
Attendance verification for CE credits provided upon request.
Who Should Attend?
This informative session is designed for anyone in the lending area including chief lending officers, service representatives, sales staff, new accounts personnel, loan officers, loan underwriters, credit analysts, loan processors, branch managers, CEOs, and other key lending staff.
If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.