Child Support and Qualifying For A Mortgage

·

·

,

Child Support and Qualifying For A Mortgage

When qualifying an applicant, it’s required to ask if they pay child support, alimony, or separate maintenance. This would be considered a liability that must be counted against the applicant.

If the consumer disclosed they receive child support, this can be used as income to help qualify for a home loan, but under certain document requirements.


Leave a Reply

Your email address will not be published. Required fields are marked *