What is Divorce Mortgage Planning with a Certified Divorce Lending Professional (CDLP®)?

Since 2014, the Divorce Lending Association has been offering the Certified Divorce Lending Professional (CDLP®) certification program and other divorce mortgage planning training opportunities. As the only divorce mortgage and real estate association, membership offers a range of benefits, including the opportunity to foster collaboration, and influence industry practices. This unique status positions the association as a valuable resource for family law professionals leading to more favorable outcomes for clients and a more comprehensive case management approach.

Divorce mortgage planning is a specialized financial strategy and process to address the complex considerations associated with real estate and mortgages during a divorce. A common misunderstanding about divorce mortgage planning is that it solely involves refinancing or securing a new mortgage after divorce. In reality, divorce mortgage planning encompasses broader considerations including allocating mortgage obligations, and creating an economic framework to ensure the long-term stability of both parties involved. 

The goal is to facilitate a fair and well-coordinated approach to handling real estate assets and mortgage-related matters as part of the divorce proceedings. Many individuals may underestimate the complexity of these factors and overlook the need for specialized guidance from a Certified Divorce Lending Professional (CDLP®) to navigate the intricate financial landscape associated with divorce-related mortgages.

A CDLP® is a specialized mortgage professional equipped with additional training and education to assist individuals going through divorce with their mortgage and financial needs. When you see the CDLP® designation, it signifies that this professional has a deep understanding of the intricate financial aspects of divorce, especially in relation to real estate and mortgages. They can assess whether it's feasible to keep or refinance the family home and offer valuable guidance on mortgage-related matters throughout and after the divorce process.