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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What If You're Awarded The Marital Home And Not On The Mortgage?When you are not on the current mortgage but you need to refinance it into your name post-divorce.
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Why Is It More Difficult To Get Mortgage Financing In A Divorce?It boils down to the very definition of divorce. Divorce is the action or an instance of legally dissolving or terminating a marriage.
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How A CDLP Can Be A Financial Neutral On Your Divorce Team.One of the most important team members in the collaborative divorce process is the financial neutral on the divorce team becomes increasingly desirable.Â
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4 Reasons To Get PreApproved For an Equity Buy-Out In A DivorceIf you are refinancing the marital home due to divorce, you should get preapproved for an Equity Buyout with a Certified Divorce Lending Professional.
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What Real Property Details Matter in Divorce Mortgage Planning?Details of the real property involved in a divorce can have significant consequences during divorce mortgage planning.
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Don't Wait to Refinance or Sell Before Updating Homeowners Insurance During and After divorce.Divorce or separation may affect the coverage in a homeowners insurance policy.
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11 Easy Ways To Protect Credit Score When Getting A DivorceProtecting Your Credit During and After Divorce May Be Trickier Than One Thinks!
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Quit Claim vs. Warranty Deed in DivorceWhich deed is the best for transferring ownership of real property during a divorce? Should you use a Quit Claim or Warranty Deed?
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Using Creative Thinking During Divorce NegotiationsHaving a strong divorce team with creative thinking can help solve issues around refinancing the marital home or purchasing a new home post-divorce.
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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?
