Income Documentation and Analysis Checklist
Only $279 (includes one-hour phone consultation for customization):Order checklist now…
Already purchased? Click through for customization instructions…
Senior lending management, improve loan quality and consistency of your team. Use this tool to:
- • Review and revisit current guidelines
- • Make informed decisions on required documentation
- • Clearly communicate your guidelines to current staff and new hires
- • Start with our suggestions and customize as needed
- • Include in documentation provided to regulators
Take a test drive!
Download our try-it-out version to get a glimpse of the type of information you’ll receive. With all 25 types of income you’ll have my recommendation for documentation. Agree with my suggestion or change it to your guidelines, completely your choice.
Download the test drive version here…
Customize it:
Review the documentation listed and revise it for your requirements. (Call us if you need help with this step.) You may also add additional sheets for guidelines, such as:
- • Required Debt Coverage or Debt-to-Income Ratios
- • Guidelines for Guarantors based on % ownership
- • Documents required other than tax returns
Distribute it:
When you have completed the document, move the Welcome page to the end and save the workbook password-protected. Then make it available to all:
- • Business Development Officers
- • Lenders
- • Underwriters
- • Credit Analysts
- • Internal Auditors
When you hire new staff in those roles, even if they are well-versed and experienced in analysis, be sure to provide this document early on so they can be consistent from the start.
Share it:
Don’t forget to share it with your regulators. They’ll be impressed, especially when their review shows that the lenders are following the well-thought out, thorough and clearly communicated guidelines!
Only $279: Order checklist now…
