Many people often ask, “Does Child Support Affects Getting a Mortgage” These are common questions that people ask as they are getting ready to get a mortgage and are wondering if child support is going to be a factor in that decision. This article will help you understand how child support affects getting a mortgage.
The answer to the question of does child support affect getting a mortgage is no. It is a common misconception that child support will play a role in the decision process. However, Does Child Support Affects Getting a Mortgage child support is not a requirement to get a mortgage. Some lenders will only work with someone who is able to show that they have a steady source of income.
Child support can be a factor if you have had trouble making your payments, or you are married and have children from a previous marriage. But, Does Child Support Affects Getting a Mortgage it’s important to note that mortgage lenders are going to consider your credit and employment history when making the decision of whether or not you will be approved for a mortgage loan.