Mortgage industry professionals who’ve earned the Certified Divorce Lending Professional (CDLP®) credential are well-prepared to help divorcing clients and other members of the professional divorce team understand the opportunities and challenges divorce can bring to the mortgage planning process. In our blog, we discuss how CDLP®s set their clients up for success—whether they are purchasing a new home or refinancing the current mortgage in an equity buyout situation.
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Buying A New Home When Obligated For the Marital Mortgage?Can you qualify for a new home loan when still obligated on the existing mortgage for the marital home?
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Moving Into An Existing Rental Property Following Divorce May Have Tax ConsequencesMoving into a rental property following divorce seems like a quick fix for housing; however, there may be tax consequences that follow a future sale.
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Need Access to Information Regarding the Current Mortgage?How can a spouse who is not on the mortgage to the marital home access information regarding the mortgage?
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Mediating the Marital Home with a CDLP®Mediation is when a third party helps participants in a dispute to resolve it. A CDLP® plays a major role when mediation negotiations involve the marital home.
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Breaking Down the 4 Phases of Divorce Mortgage PlanningUnderstanding the 4 phases of divorce mortgage planning and working with a CDLP® - Certified Divorce Lending Professional will be important during divorce.
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4 Reasons You Should Be Preapproved for an Equity Buy-Out in a DivorceIf you are refinancing the marital home in a divorce situation, get pre-approved for an Equity Buy-Out with a Certified Divorce Lending Professional (CDLP).
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What should you do if you are awarded the marital home but not on the mortgage?If you aren't on the mortgage to the marital home but you were awarded the home in the divorce - take these steps to protect yourself.
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Changes in the Mortgage Interest Deduction and How it affects HomeownersThe mortgage interest deduction is more complex than just deducting the amount of mortgage interest paid during the tax year.
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The proper handling of consumer debt in a divorce can be vital to future mortgage financing.
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Trust Matters and So Does Who You Choose To Work WithTrust matters in business - but how can you build it? It's the one thing that changes everything. It's not a nice-to-have; it's a must-have.
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Is There a Difference Between A Divorce Appraisal and a Mortgage Appraisal?What makes a divorce appraisal different than an appraisal for mortgage financing?
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What Is The Definition Of Divorce, And Why Does It Matter?Divorce is the action or an instance of legally dissolving or terminating a marriage. Divorce Mortgage Planning helps with divorce refinance and home purchase.
