Verifying Borrower Income Using Tax Returns
Date: September 25, 2012
Time: 2:00 PM-3:30 PM CST
Registration Options:
Webinar- $200
Webinar on Demand (train at your convenience 24/7)- $200
About This Webinar:
It is a tough economy out there. Understanding the true cash flow of borrowers is as important today as it has ever been. This webinar will help take the mystery out of borrower’s personal income tax returns. No more guessing how much cash income your borrower is really earning. Overestimating the income from a tax return can lead to approving a weak loan that could eventually cost tens of thousands of dollars. Underestimating income on a tax return can lead to denying good loans that should be granted in this tough economy. Take this time to learn the process of analyzing personal income tax returns in a simple and understandable manner with quality instruction and frequent examples.
In addition, you attendees receive a FREE copy of Lenders’ Tax Analyzer©, the software that turns tax returns into Cash Flow worksheets for Lenders. A $239 value.
If these are questions you are asking yourself then you should listen in on this session.
- How to determine what a borrower really is earning from a sole proprietorship?
- What is a borrower's real cash flow from a rental property?
- Can income from an S corporation or partnership be utilized?
- Is it safe to use income from capital gains and losses?
- What is the real retirement cash flow a borrower is earning?
For more information, please contact Carrie Buchholz at:
(P) 405.702.8622 ext. 215
(E) carrie@cuaok.org
Speakers | |
| Harrington, Tim | |
|
Tim is President of T.E.A.M. Resources, a firm which provides consulting, strategic planning and training to credit unions from coast-to-coast. TEAM Resources' clients range from a few million in assets to the billions in assets. Tim was formerly the chairman of the board of a $150 million credit union in Tucson, Arizona and has been an associate partner with the nation's third largest auditor of credit unions. Tim holds a bachelor's of business administration in accounting from Gonzaga University in Spokane, Washington. He has also attended universities in Morelia, Michoacan, Mexico and Florence, Italy and speaks several languages | |