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https://www.hud.gov/sites/documents/4155-1_4_SECE.PDF
Periods less than 12 months may be acceptable, provided the lender can adequately document the payer’s ability and willingness to make timely payments. Child support may be “grossed-up” under the same provisions as non-taxable income sources. Reference: For more information on grossing-up, see HUD 4155.1 4.E.5.a. Continued on next page
https://www.fha.com/fha_article?id=813
FHA loan rules do include guidelines for the lender in cases where alimony, child support, and other court-ordered payments are to be counted as verified income. A potential FHA borrower receiving child support will be required to provide documentation of that income in order to be counted in the borrower’s debt-to-income ratio.
http://www.mortgagenewsdaily.com/qna/child-suport-as-income-for-mortgage-approval
Jun 22, 2008 · The rules for "grossing up" income are the same on FHA and conventional loans. You are able to use 125% of the income for qualifying purposes. Remember that the child support has to have a history of consistent payment and must continue for 36 months in order to be used in qualifying.
http://www.twfgoxnard.com/fha-child-support-income/
Using Child Support to Qualify for a Mortgage – · Since child support is non-taxable income, it is grossed up for mortgage qualification purposes. This means that the lender will take 125 percent of the amount that you receive as the number used for qualification purposes.
https://gustancho.com/fha-loans-with-child-support-payments
Oct 11, 2018 · Qualifying for FHA Loans With Child Support Payments can affect the borrowers debt to income ratios On the flip side, Borrowers who are receiving child support payments can use it as qualified income In order to use it as qualified income, child support payments need to …
https://budgeting.thenest.com/fha-definition-gross-income-untaxed-income-28162.html
Some gross income that is used for FHA qualifying is untaxed. Examples of untaxed income include certain disability and public assistance benefits, military allowances and child support. The lender may add back a portion of the untaxed income to your gross income. This method of calculating income is known as FHA gross up income.
https://www.fhanewsblog.com/2013/07/fha-loan-answers-alimony-and-child-support-as-verifiable-income/
FHA Loan Answers: Alimony and Child Support as Verifiable Income. FHA loan rules say that a borrower’s income must be verified in order for it to count when the lender makes debt-to-income ratio calculations necessary for approving (or denying) the mortgage loan.
https://teammovemortgage.com/2015/07/01/non-taxable-income/
It can be grossed up is because mortgage loans go by a borrower’s gross income. The amount that non taxable income can be grossed up depends on the loan type and sometimes the borrower’s tax rate. If the borrower(s) do not have to file a tax return, then the standard is grossing up income by 15 or 25%.
https://www.fanniemae.com/content/guide/selling/b3/3.1/09.html
When a borrower with disabilities receives rental income from a live-in personal assistant, whether or not that individual is a relative of the borrower, the rental payments can be considered as acceptable stable income in an amount up to 30% of the total gross income …
https://www.fha.com/fha_article?id=141
Alimony, Child Support and Separate Maintenance--Does it Count as Income? November 12, 2019 When you apply for an FHA home loan , you're required to certify your income, offer proof of employment and show that you're a good credit risk with a history of on-time bill payments for at …
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