Depending on your individual circumstances, you may also be asked to provide
proof of alimony, child support, disability, bonuses, or any other income.
Not exact matches
You may also be asked to show
proof that
alimony and child support payments have been made in the past reliably, so that the lender may use the income as part
of your VA loan application.
These may include
proof of child support or
alimony income, retirement account statements, personal and business tax returns (if self - employed), etc..
Proof of consistent
alimony or child support payments, which may include divorce or separation documents, court records, canceled checks, etc. (You do not have to include information about income from
alimony, child support or separate maintenance payments unless you want to consider this as income for your application.)
Proof of income from
alimony or child support, pension or annuity income, disability insurance or workers compensation benefits, if applicable
Where child support and
alimony are received by you from another person, generally the amount paid may be added to your total income before determining the size
of mortgage you will qualify for, provided
proof of regular receipt is available for a period
of time determined by the lender.
You may also be asked to show
proof that
alimony and child support payments have been made in the past reliably, so that the lender may use the income as part
of your VA loan application.
If using Child Support or
Alimony as income, copy
of agreement as well as
proof of receipt
of the support for the last six (6) months
Be prepared to show W - 2 forms, paystubs, and
proof of additional income, such as child support or
alimony.
If you use income from
alimony or child support to qualify, expect to provide a copy
of your divorce decree and
proof that you receive the money regularly — canceled checks or deposit images showing the checks going into your account, perhaps.
Other forms
of income such as disability, social security, child support,
alimony, unemployment, and self - employment are accepted as long as you can provide
proof.
If the burden
of proof for an adultery divorce is «clear and convincing evidence» is that also the burden
of proof to invoke adultery's bar to
alimony?
Under the previous rules, the spouse seeking maintenance bore the burden
of proof as to both the need to receive payments and the ability
of the other spouse to pay them, both during the divorce case and as a limited, temporary or long - term
alimony award as part
of the divorce decree.
In some states, such as North Carolina, courts are required to terminate
alimony, if established by court order, upon the paying spouse's
proof of cohabitation by the receiving spouse.