Monday, December 11, 2017

Is alimony and child support considered income when applying for a Jumbo Loan?

Yes. To consider alimony and/or child support income, we need the divorce decree, proof of 12-months of payments, and evidence the income will continue for three years. For advice and approval specific to your alimony/ child support income, contact a Jumbo Genius here or call 708-531-8388.

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