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vburek

522 Posts

Posted - 07/02/2008 :  09:45:21 AM
this question is in regard to using spousal support as income on a FHA purchase. my lender says that the client must have received the spousal support for 3 months before that can be counted as income for a FHA loan. Is this accurate? Client will have a finalized divorce at the end of this month showing the support payment and amount, but she wants to buy now and i need the extra income to qualify.

thanks to all that read and help.
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