How to Calculate Income (Calculating Income) - Mortgage Math (NMLS Test Tips)
In this video, you will learn how to calculate income to see if you or your borrowers qualify for a certain loan program.
Our website: mortgageeducators.com/
Follow us on Facebook: / mortgageeducators
#Calculateincome #Loanofficer #mortgageeducators
Пікірлер: 10
Your channel has been a blessing! My exam is tomorrow and your videos have been an awesome way to review! Thanks so much 😁
@MortgageEducators
2 жыл бұрын
This makes us very happy to hear, Chelsea.
does any one have a video they recommend to calculate server or tipped employees wages?
Such a wonderful explanation. Could you please suggest, How do we calculate business income?
Lets go algo!
@MortgageEducators
2 жыл бұрын
To the Moon!
how long do they have to show overtime to consider it part of their regular income.
@yupitsme9713
2 жыл бұрын
2 years
Can I understand ..why you multiplied Julio's income with 1.25? What is 1.25 ?
@FangGallo209
2 жыл бұрын
You have to gross up his income by 25%. The more common way is doing 1500 x .25 = 375, so 1500+375 = 1875. They did it the more simpler way which is 1.25 (25%) x 1500.