How will child support and alimony affect my mortgage qualification?
Where Child Support and Alimony are paid by you to another person, generally the amount paid out is deducted from your total income before determining the size of mortgage you will qualify for. Where Child Support and Alimony are received by you from another person, generally the amount paid may be added to your total income before determining the size of mortgage you will qualify for. Proof of regular receipt for a specified period of time will be required by the lender.