How does child support or alimony affect my qualification for a mortgage?
If you are receiving child support or alimony, this amount will be added to your income. If you are the one giving child support or alimony, this will be deducted from your income. Either ways, the resulting income amount is then used to determine how much mortgage you may qualify for and approval will be based on you providing written evidence that payments/receipt were made regularly for the child support or alimony, as well as a copy of the divorce agreement.
