New Alimony Rule Will Help More Borrowers Qualify

New Alimony Rule Will Help More Borrowers Qualify

Let’s see how alimony calculations have become more friendly for the former spouse paying their ex-spouse. Fannie Mae recently made it acceptable for lenders to decrease a borrower’s income by the amount of the alimony as opposed to including it to his or her debt-to-income ratio, which made it harder to qualify for financing. This […]

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