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https://www.hud.gov/sites/documents/4155-1_4_SECE.PDF
HUD 4155.1 Chapter 4, Section E 4-E-1 Section E. Non-Employment Related Borrower Income Overview In This Section This section contains the topics listed in the table below. Topic Topic Name See Page 1 Alimony, Child Support, and Maintenance
https://www.fanniemae.com/content/guide/selling/b3/3.1/09.html
Document that alimony or child support will continue to be paid for at least three years after the date of the mortgage application, as verified by one of the following: ... the rental payments can be considered as acceptable stable income in an amount up to 30% of the total gross income that is used to qualify the borrower for the mortgage ...
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.fha.com/fha_article?id=141
When you apply for an FHA mortgage and list alimony or child support payments as legitimate income, your loan officer will examine the ratio of your other income versus the amount of child support or alimony you receive. Depending on the amount and your lender's policies, certain requirements govern how that income is to be considered.
https://gustancho.com/fha-loans-with-child-support-payments
Oct 11, 2018 · This BLOG On FHA Loans With Child Support Payments Mortgage Guidelines Was UPDATED On October 11th, 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
https://www.mortgagenewsdaily.com/questions/child-suport-as-income-for-mortgage-approval
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. ... How much can I gross up child support on a FHA ...
https://uber-writer.com/grossing-income/
What to gross up? What kind of income is tax free? The most common forms are child support and social security income. AllRegs also cites that any income that meets the general requirements (for most 2 years history and 3 years continuance) that can be documented as tax free can also be grossed up…
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://uber-writer.com/grossing-up-income/
The most common forms are child support and social security income. AllRegs also cites that any income that meets the general requirements (for most 2 years history and 3 years continuance) that can be documented as tax free can also be grossed up.
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.
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