Rental Income Evaluation (Government Loans)

This document will review how to navigate the IncomeXpert analysis tool including the following topics

Step by step instructions

Entering REO for Government loans follows the same process as Conforming loans.  See our support article on REO Calculator (Conforming)

The primary distinction between Conforming and Government REO is the allowed fields used in the income determination.  Government agencies do not allow as many fields based on their guidelines.  In IncomeXpert this will show as greyed out fields that do not allow data entry.

Use the income analysis section to choose the correct qualified income analysis

• 1 Year Average
• 2 Year Average
• User override ignores all calculations and the user income submitted will be the qualified income