Yes, you can. The rules for Fannie Mae state that if there is 12 months of payment history of the spousal support AND there is proof in the decree stating three more years of continuing spousal support from the date of closing, the spousal support may be used as income to qualify.
There can be exceptions…
As Dorothy, The Lion, The Scarecrow, and The Tin Man were fearful of their fate on their path to the Emerald City, there are some major concerns regarding appraisals and refinancing that are up for consideration when moving through a divorce process in 2009. Are they just fears of the imagination as in the Wizard of Oz movie or real…
