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Will alimony be counted towards debt to income

by theinvisiblemanny... from Cabin Creek, West Virginia. Feb 28th 2014 Reply


William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

Yes.. guidelines require that all your debt be considered when determining your debt to income ratios.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Feb 28th 2014
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Robert Hanson (rhanson)
#38 ranked lender in Maryland - 646 contributions

If you receive alimony, it will be counted as income if it will continue for at least three years. If you pay alimony, it will be counted as an obligation like any other monthly debt. (with a possible exception if it is only owed for another 12 months or less). So the answer is that receiving or paying, it is usually counted in the debt to income ratio, yes. I'm happy to help with the financing or just give you advice. If you need more information, or a competing rate quote call, email or use my live support button to discuss or get in touch with me. Web Address for live chat or quote is: http://www.loansfromrob.com/quote/ Email is robertlh66@verizon.net and direct phone is 240-752-7549. Good Luck -- Rob Hanson

Feb 28th 2014
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Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

Yes... Will will count alimony against your debt ratio, just like any other debt. If you receive it, and want to include it as qualifying income, you must prove it will continue at least three more years.

Feb 28th 2014
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