Tag: divorce decree

How do you Document VA Pension Paid to Ex-Spouse?

Question: My Veteran client is refinancing their home on a cash-out basis. His ex-spouse is paid half of his pension and this has been happening for years.  We have a pension statement from the VA verifying the payout to the ex-spouse and tax returns for 2 years showing no alimony or child support. We’re running […]

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Divorce Decree – Documenting a Change of Circumstance

Question: A divorce decree states that a borrower is required to pay alimony until ex-spouse is remarried or cohabitates with someone else. The ex-spouse has been cohabitating with someone for 4 years and as such my borrower has not made an alimony payment. How do I document this so that the liability is not counted? […]

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