Understand the file.
Start with the 1003: borrower, transaction, occupancy, employment and declared liabilities.
DHANANJAY MASKE · US MORTGAGE
Every detail.
A clearer decision.
Behind every mortgage is a story.
I connect income, credit, assets and property to understand it.
↗
Income analysisSee beyond the paystub
✓
Document reviewThe details make the difference
◎
Risk perspectiveConnect all four C’s
THE MORTGAGE. THE DOCUMENTS. THE BIG PICTURE.SCROLL TO EXPLORE ↓
01 / KNOWLEDGE
A complete picture.
Built one detail at a time.
My knowledge across the mortgage file — from the first application to the final closing documents.
02 / INTERACTIVE LOAN LAB
Let the numbers
tell the story.
Explore a simple illustrative loan scenario.
Change an input. See the relationship.
SCENARIO EXPLORER Live calculation
40.0%Total DTI
Housing ratio30.0%
Loan-to-value80.0%
See the calculation
Educational illustration. Ratios alone do not determine loan eligibility; full file review and applicable program requirements are needed.
03 / MY REVIEW APPROACH
Read. Connect.
Ask the right questions.
Connect the evidence.
Compare the application with income, credit, assets, appraisal and title documents. Look for inconsistencies.
Resolve the gaps.
Identify missing support, request clarification and document the reasoning before moving forward.
ILLUSTRATIVE FILE REVIEWA paystub is a starting point.
A paystub is a starting point.
Consistency is the real question.
A borrower earns $30/hour with 40 guaranteed hours per week. Base monthly income is $5,200. A $6,000 YTD average may include overtime or bonuses — investigate those components separately.
BASE MONTHLY INCOME$5,200
$30 × 40 × 52 ÷ 12
Are the hours guaranteed? Does the paystub support the stated rate? What makes up the extra YTD earnings? Is variable income documented and suitable for the applicable program?
04 / BEHIND THE KNOWLEDGE
Dhananjay Maske.
Experience in US mortgage post-closing.
A growing focus on end-to-end underwriting.
This portfolio brings together the areas I study: income calculations, credit analysis, document review, closing and mortgage compliance concepts. My aim is simple — understand the file, explain the reasoning, and keep learning.
Explore the loan lab ↗05 / UNDERWRITING TOOLKIT
More than knowledge.
Put it into practice.
Calculate income, track document review and practice explaining your reasoning.
Convert base pay to monthly income.
Select how the borrower is paid. This calculator converts gross base pay; it does not establish qualifying income eligibility.
Gross monthly base income
For hourly pay, the example assumes guaranteed hours and 52 weeks of paid work. Variable hours, overtime and bonuses need separate analysis.
Keep your review organized.
A general learning checklist. Required documents vary by transaction, borrower and program. Checked items mean reviewed, not approved.
Practice clear interview answers.
Try answering aloud before revealing the model answer.