Fannie Mae Rental Income Calculation Worksheet
Streamlined loan summary user manual fannie mae. Our income analysis tools are designed to help you evaluate qualifying income quickly and easily.
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Schedule e irs form 1040 or lease agreement or fannie mae form 1007 or form 1025 enter investment property address investment property address step 1.
Fannie mae rental income calculation worksheet. 5 schedule e supplemental income and loss note. Fannie mae form 1038 09302014 rental income worksheet individual rental income from investment propertys. Depletion line 18 subtotal schedule e.
Fannie mae publishes four worksheets that lenders may use to calculate rental income. Royalties received line 4 b. Monthly qualifying rental income or loss documentation required.
Schedule e part i for each property complete only 2a or 2b. Rental income worksheet principal residence 2 to 4unit property. Enter total rents received from the non owner occupied units.
Schedule e irs form 1040 or lease agreement or fannie mae form 1007 or form 1025 enter investment property address investment property address step 1. Rental income calculation worksheets. Use our pdf worksheets to total numbers by hand or let our excel calculators do the work for you.
Monthly qualifying rental income or loss documentation required. Total expenses line 20 c. Schedule e irs form 1040 or lease agreement or fannie mae form 1007 or form 1025 enter investment property address step 1.
Schedule e or step 2b. Use of these worksheets is optional. Monthly qualifying rental income or loss documentation required.
Fannie mae publishes four worksheets that lenders may use to calculate rental income. Rental income calculation worksheets. Fannie mae form 1038 022316.
When using schedule e determine the number of months the property was in service by dividing the fair rental days by 30. Pmi for training and informational purposes only. Rental income worksheet individual rental income from investment propertys.
Use of these worksheets is optional. Keep your career on the right track. Lease agreement or fannie mae form 1025.
Rental income worksheet principal residence 2 to 4unit property. A lender may use fannie mae rental income worksheets form 1037 or form 1038 or a comparable form to calculate individual rental income loss reported on schedule e. Fannie mae rental guide calculator 1037 use this worksheet to calculate qualifying rental income for fannie mae form 1037 principal residence 2 to 4 unit property.
Rental income worksheet individual rental income from investment propertys. Calculate monthly qualifying rental income using step 2a. Income calculation worksheet page 3 this income calculation worksheet is provided by pmi mortgage insurance co.
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