“Tax Returns 201”: Tax Training Available to Loan Officers

If you are a loan officer, you frequently see tax returns during loan underwriting. Some tax returns are far more complex than others; for example, underwriting loans for self-employed members can be particularly challenging. As a loan officer, you must carefully analyze the borrower’s tax return in order to determine monthly income.  This is no easy task given the different kinds of income a member can earn; the various schedules that can be included; and understanding various deductions.

As a reminder, Albin, Randall & Bennett offers specialized training sessions designed specifically for loan officers. Our training will teach you how to:

  • Review federal tax returns to determine income
  • Identify various business structures
  • Understand tax reporting forms and schedules

For more information on scheduling a tax training session, contact Cheri Walker at cwalker@arbcpa.com.