Lesson Overview

You’ve collected your borrower’s pay stubs and W-2s—now it’s time to make sense of them. In this training, you’ll learn how to read and interpret income documents, identify red flags, and calculate earnings for a variety of pay structures, including salary, hourly, commission and bonus. We’ll break down the pay stub and go over what line items are, what matters for qualifying income, how to spot inconsistencies and what will cause additional documentation. This class focuses on wage earning borrowers; self employed income is covered separately in its own dedicated training.

Major Benefits

• Accurately calculate borrower income across pay types
• Quickly spot red flags and inconsistencies
• Know what qualifies (and what doesn’t)
• Submit stronger, cleaner files with confidence