Course curriculum

    1. Welcome and Introduction to Hip Pocket Course (HPC) Practical Application Series

    1. How to Use the LES for the Active Duty Borrower - It's Not Just a Paystub

    2. Purpose of the VOE

    3. LES as VOI

    4. Qualifiable Income and Obtain Residual Data

    5. Summary and Takeaways

    6. Knowledge Check/Quiz - How to Use the LES for the Active Duty Borrower

    1. Calculating Active Duty Income - Base Pay

    2. Calculating Active Duty Income - BAS

    3. Calculating Active Duty Income - BAH

    4. Calculating Active Duty Income - Other Entitlements/Allowances/Incentives

    5. Calculating Active Duty Income - Clothing Allowance

    6. Calculating Active Duty Income - Grossing Up Non-Taxable Allowances

    7. Underwriter's Perspective for Analyzing Active Duty Income

    8. Knowledge Check/Quiz - Calculating Active Duty Income

    1. Calculating Residual Income

    2. Residual Income - Step 1 Gross Income

    3. Residual Income - Step 2 Monthly Proposed Housing Payment & Utilities

    4. Residual Income - Step 3 Monthly Income Taxes

    5. Residual Income - Step 4 Monthly Debts & Obligations

    6. Residual Income - Step 5 Size of Family & Region per VA Charts

    7. Knowledge Check/Quiz - Calculating Residual Income

    1. Action Driven Data Points - Initial Loan Review

    2. Knowledge Check - Action Driven Data Points - Initial Loan Review

    1. Part 1 - Organize Data to Identify Required VA Factors

    2. Knowledge Check - Part 1 Organize Data to Identify Required VA Factors

About this course

  • Free
  • 32 lessons
  • 7.5 hours of video content