Qualifying Borrowers Using Personal Tax Returns Part 2: Schedules E & F

Tuesday, March 14, 2017

12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET

Part 2 of this series will cover Schedules E and F, which are some of the most difficult incomes to analyze. Rental properties can be looked at two different ways – one is often too conservative resulting in denied loans that should be approved. Partnerships and S Corps show pass-through incomes that are important to the IRS and tax preparers, yet mean almost nothing when determining cash flow. Farms often report income that was only partially taxable – or from a different tax year!

This session for consumer and commercial lenders will teach you how to read and understand a borrower’s tax return and convert taxable income into cash flow. It will make the process of analyzing personal income tax returns simple and understandable by using quality instruction and frequent examples. (Note: This method does not follow Fannie, Freddie, or QM rules used in mortgage lending.)

Continuing Education: Attendance verification for CE credits upon request


  • Schedule E, Page 1:  Rental and Royalty Income
    • Entails more than just adding back depreciation – learn how to find the real cash flow from these properties
  • Schedule E, Page 2:  Partnerships and S Corporations
    • Most information that is passed through is useless because it doesn’t represent cash flow – learn what income can be relied upon and what should be ignored as phantom income
  • Schedule F:  Farm Income – additional income that might be hidden in farmers’ tax returns

    • Free link to download Lenders Tax Analyzer© software
    • Employee training log
    • Quiz you can administer to measure staff learning and a separate answer key


"Qualifying Borrowers Using Personal Tax Returns Part 1: Schedules A, B, C & D"
Tuesday, February 14, 2017


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.

PLEASE NOTE: Webinar content is subject to copyright and intended for your individual financial institution’s use only.