Many divorced parents wonder if child support can be used to help qualify for a home loan. Lenders have specific requirements—typically needing six months of proof and confirmation that support will continue for at least 36 more months. This guide breaks down the rules and how to document your income correctly.
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Refinancing After Divorce: Using Spousal Support to Qualify
Refinancing after a divorce can feel overwhelming, especially if your income has changed. The good news is that spousal support can help you qualify for a mortgage, as long as it meets lender guidelines. This article explains what counts as qualifying income and how to prepare your paperwork.
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