When do Gross Monthly Rental Income and Net Monthly Rental Income display on the Collateral dialog box?
The Gross Monthly Rental Income and Net Monthly Rental Income fields display on the Collateral dialog box if the collateral is real estate owned on the transaction. Indicate the actual gross and net rental income earned from the property. Also, the transaction should be purchase non-construction. The entered values will print to section 4c of the Uniform Residential Loan Application.