Did you know that in the past, Alimony was added to your liabilities, like a car loan or student loan and your debt-to-income ratio was calculated based on that. But now, Freddie Mac has changed that to where Alimony can now be subtracted from your income and not your debt section, which in return allows for a much better debt-to-income ratio. This will help many folks who are paying Alimony qualify for more. For information about this topic, please call Jeff at 661-964-2600.
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