divorcemortgage: Divorce Mortgage San Diego - Spousal Support Income - The Rule of 6/36 - 07/20/20 11:22 AM
What are the rules for using Child Support and/or Alimony as "Qualifying Income" for a Mortgage Loan Application?
 
There is often a disparity between "Real Income" (the amount of money we actually receive) and "Qualifying Income" (the amount of income that is recognized on a mortgage loan application).  With regards to receipt of Alimony and/or Child Support, this disparity is often accentuated.  Below are a few things that need to be known by all Divorcing Homeowners and/or the Professionals who serve them.  Divorce Mortgage guidelines are unique.
 
"The Rule of 6/36" (Part 1)
 
The first number (6) pertains to "historical receipt of income.  The … (3 comments)

 
Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE (AmeriFirst Financial Inc, San Diego, CA)

Jason E. Gordon

Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE

San Diego, CA

More about me…

AmeriFirst Financial Inc, San Diego, CA

Address: 12544 High Bluff Drive, Ste. 100, San Diego, CA, 92130

Office: (858) 461-7007

Mobile: (619) 200-8031

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Author Bio: Jason Gordon is a Residential Mortgage Specialist in San Diego, CA. He combines ethics, education, and experience while helping Homebuyers and Homeowners to achieve their financial goals.View all AR Posts By Jason Gordon

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