Alimony payments are considered “debt” when calculating qualifying ratios for Fannie and Freddie.
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Answer: [tweet-start]Fannie and Freddie require alimony payments to be considered as debt when qualifying for a mortgage.[tweet-end] Both Fannie Mae and Freddie Mac require this obligation to be counted in the long-term debt or in the DTI calculation. Download the comparison chart that covers all of the agencies rules and regs on this topic. Download: […]