Ask a Jumbo Genius – Alimony & Child Support
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 below or call 708-531-8388.