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reimbursed employee expenses

if a borrower receives an average of 3000 per month in reimbursed expenses....would we add or deduct this from his monthly income.... by mortga_843_507 from Jacksonville Beach, Florida. Aug 27th 2012 Reply


Linda Wintersteen (Linda123)
#63 ranked lender in Arizona - 1,256 contributions

it sounds like you are a loan officer.. have your processor do your income ... there is a certain line for this...

Aug 27th 2012
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This is an auditor test someone gave me...these are just questions I did not know the answer to...

Aug 27th 2012
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I am not a student. This was a test I found and thought the questions were good...if the site is for borrowers then they too can learn....maybe you need to do a little learning yourself....how not to be an ass

Aug 27th 2012
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Steve Verrier (eqfsteve)
#56 ranked lender in Florida - 21 contributions

UN reimbursed expenses are deducted from income.

Aug 27th 2012
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