Tracey Rumsey - Loan Officer Speakers / Trainers

How to Read Tax Returns and Close More Loans

This seminar is about interpreting the income correctly and counting every dollar to make sure your clients qualify regardless if they are self-employed or not. This seminar is about knowing what to ask for "ahead of time" so you're not constantly asking the borrower for more information. Hey, even underwriters have trouble - so you really need to know your stuff.

Learn how to read income tax returns and how to work with underwriters to get more of your loans approved - and closed. Here's what you will learn:

Reasons why you will need to submit tax returns to underwriting.
How to find more income within your clients' tax returns.
Which tax returns you should "read" first and which ones you don't need to waste your time on.
How to explain your income analysis to an underwriter.

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About Tracey Rumsey

Tracey Rumsey is a loan officer with SWBC Mortgage in Bountiful, Utah. Tracey is also a Staff Writer for MortgageCurrentcy.com. In the mortgage business since 1997, her knowledge of conventional, FHA, VA and Utah Housing lending is unsurpassed. She is a member of the Utah Mortgage Lenders Association (UMLA) and served as co-chair and chair for the UMLA Education Committee during 2006 and 2007. She is also a licensed real estate and mortgage continuing education instructor. Her first book, "Saving the Deal - How to Avoid Financing Fiascoes and Other Real Estate Dealers", AMACOM, New York, was released January 2008.

Tracey Rumsey