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Fannie Mae Form 1038 Rental Income Worksheet
What Is Fannie Mae Form 1038?
This is a legal form that was released by the Federal National Mortgage Association (Fannie Mae) on September 30, 2014 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is Fannie Mae Form 1038?A: Fannie Mae Form 1038 is a Rental Income Worksheet used to calculate rental income for qualifying purposes.
Q: Who uses Fannie Mae Form 1038?A: Fannie Mae Form 1038 is used by individuals who own rental properties and are applying for a mortgage or loan.
Q: What is the purpose of Fannie Mae Form 1038?A: The purpose of Fannie Mae Form 1038 is to determine the rental income from the property being used to qualify for a mortgage or loan.
Q: How does Fannie Mae Form 1038 work?A: Fannie Mae Form 1038 requires the property owner to list the gross monthly rental income, any applicable adjustments, and the net monthly rental income.
Q: What information is needed for Fannie Mae Form 1038?A: To complete Fannie Mae Form 1038, you will need information such as the property address, rent details, and any other rental income or expenses.
Form Details:
- Released on September 30, 2014;
- The latest available edition released by the Federal National Mortgage Association (Fannie Mae);
- Easy to use and ready to print;
- Yours to fill out and keep for your records;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of Fannie Mae Form 1038 by clicking the link below or browse more documents and templates provided by the Federal National Mortgage Association (Fannie Mae).
