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I need a new home after divorce

Divorcing and selling home, after which I'll prob get $200,000. Plus $1,000 alimony and $3500 for child support. I only work pt making about $15,000 yr. Will I be able to get a mortgage on my own? by papathan53 from Bustins Island, Maine. Mar 17th 2021 Reply


Will Zinn (mainewill)
#7 ranked lender in Maine - 22 contributions

You sure will. We'll just need to establish some consistency with your child support and alimony. Give me a call if you'd like to discuss this.Will (207) 671-8292Will ZinnNorthern Mortgage415 Congress StPortland ME04101

Mar 17th 2021
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Bert Carpenter (BertCarpenter)
#1 ranked lender in Arizona - 2,431 contributions

Probably. Alimony and Child support are forms of income that we can use to qualify you. There are rules that typically require you to show consistency in receipt of the Court ordered amounts, and that they will continue for at least 36 months into the future. Let me know how we can help. ~ Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Licensed in AZ, CA, GA, IL, OR & WA... In fact, NEXA is licensed in all states except MA and NY and we are pending approval in VA, so give us a call. ~ www.ApplyYes.com 480-889-9000.

Mar 17th 2021
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Seth Jacobs (MaineMortgageBanker)
#6 ranked lender in Maine - 116 contributions

Happy to assist if needed. Will Zinn below is an excellent LO here in Maine so you should be all set if you have reached out to him however I'm available as a second set of eyes.Best,Seth

Mar 18th 2021
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Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 4,747 contributions

The alimony and child support are acceptable sources of income, AS LONG AS THEY WILL CONTINUE at least three years past your new homes closing date. I lend in Minnesota, Wisconsin, Iowa, North Dakota, and South Dakota. Find me online at FirstTimeHomeBuyer-MN.com. Cambria Mortgage, NMLS 274132

Mar 22nd 2021
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Greg Bleyl (GregBl)
#59 ranked lender in Ohio - 22 contributions

There are programs available with very low down payments if you prefer to have more of the $200,000 available and it would be a good idea to speak with a loan officer to make sure your all of your income will keep your debt to income ratio within guidelines. Feel free to call or text 216-496-0211.

Mar 23rd 2021
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