How can a person get a mortgage when they owe child support?

Answer 1

If there is a child support lien against you it must be paid before the bank will loan you money to buy a home.

If there is a child support lien against you it must be paid before the bank will loan you money to buy a home.

If there is a child support lien against you it must be paid before the bank will loan you money to buy a home.

If there is a child support lien against you it must be paid before the bank will loan you money to buy a home.

Answer 2

I don't think any bank would risk it. If you can't pay as it is how would you be able to pay even more when you add the cost for the mortgage? The bank would see it as they would end up with your house and they don't want houses, they want money. They would probably recommend you sell the house and move to something smaller. As the economy is today and the house market, the last thing they want is someone's house and if you can't pay that is what they'll get. If I were you I would make an appointment with a financial advisor at your bank to sort everything out.

When the arrearage exceeds the applicable threshold, States routinely notify the credit bureaus. This often results in a lowered credit rating, which might lead to denial of a mortgage.

Answer 3

this depends on how much you owe, you really need to get in touch with c.a.b and assess your financial issues.

Answer 4

Hopefully your credit history will carry the day so that you can finance the house. Otherwise, wait until the child support is paid up.

Answer 5

If there is a child support lien against you it must be paid before the bank will loan you money to buy a home.