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Video instructions and help with filling out and completing Form 4835

Instructions and Help about Form 4835

Everyone and welcome to the webinar, thank you so much for joining us. This session is titled analyzing Schedule II rental income. My name is Chelsea Thornton. I'm a training coordinator for causal home mortgage. The information being presented is provided by Radian mortgage insurance. Our presenter is Richard Laredo, Western Regional Training Manager with Radian. Richard has been in the mortgage making industry for 20 years, and has held a variety of positions, including closer underwriter and loan Asia. He has also focused on training, and has been such an experienced industry professional that he is extremely versatile as a trainer. With that on hand, things will be covered in a rich and informative way. So welcome to today's webinar. Just a quick fact about me. I am a Western Regional Training Manager for Radian, but I have an East Coast accent. I started in the mortgage industry back in Rhode Island, so that's where my accent is from. Furthermore, I have been out west for a long time, but my accents won't go anywhere. In fact, this year is my ten-year anniversary with Radian. This webinar, I am going to be talking to you about Schedule II rental income. In the sessions based on some changes and recommendations that Fannie Mae actually made, that we say seem so far along, a long time ago. In the last quarter of the year, Fannie Mae introduced some income worksheets. They were performed 1037 and 1038. At 10:39, that we'll be reviewing. In your handout, and when you did download that, hopefully you printed it out, there are playing a piece of the forms. And those forms were going to be the basis of our discussion today. Along with Schedule II tax form from the 1040, and then again, we'll also talk...