Non-QM worksheets
Non-QM Income Worksheets
Step-by-step training worksheets for bank-statement, 1099, and DSCR income. They organize information and perform arithmetic for file-review practice. They never approve, deny, qualify, or clear anyone for a loan — that decision belongs to the investor or underwriter against their own guidelines.
Bank Statement Income Worksheet — 12 / 24 Month
Organize bank-statement deposits into a monthly income figure: log every deposit, source large or irregular items, apply the expense factor, and compute the average.
1099 Income Worksheet — Gross-Up Method
Convert gross 1099 receipts into a monthly income figure using either documented expenses or an expense factor, with trend checks and a three-source cross-check.
DSCR Worksheet — Debt Service Coverage Ratio
Compute debt service coverage ratio as gross monthly rent divided by PITIA, with rent-source hierarchy and case-by-case handling of short-term rental income.