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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Top 3 Mistakes to Avoid in Your Divorce Settlement Regarding the Marital HomeHere are three financial mistakes to avoid when negotiating the marital home during a divorce settlement.
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How Real Property Details Can Be A Game Changer For Divorcing HomeownersProperty details can be a factor when obtaining mortgage financing during divorce.
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Two Important Concerns Regarding the Marital Home and Divorcing VeteransHelping divorcing veterans manage their VA home mortgage and their VA entitlement is an important component during a divorce regarding the marital home.
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Is failing to plan, planning to fail once the divorce is final?Failing to appropriately plan the needs for mortgage financing during and after divorce can cause significant setbacks.
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Understand The Three Common Issues That Will Disqualify Support Income During Divorce Mortgage PlanningHow divorce support income is paid and received may negatively affect the ability to obtain mortgage financing.
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Why Does Divorce Complicate The Mortgage Process?Divorce doesn’t need to complicate the mortgage process. Divorce mortgage planning can help identify solutions, possibilities, resources, and solutions.
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What's the Best Way to Value Real Property in a Divorce?What is the best way to determine the value of the marital home and other real property in a divorce? An Appraisal or a CMA works - but it depends on intent.
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Can You Assume the Mortgage in a Divorce?You can legally assume the responsibility for paying the existing mortgage after divorce, but that doesn't necessarily mean your ex-spouse is released from any future liability.
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The Details of Disbursing Proceeds From the Marital Home in a DivorceThere is more than just splitting the net proceeds from selling the marital home or the equity ownership during refinance in a divorce.
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Are you at risk for identity theft after divorce?Yes, you should be concerned about financial identity theft after divorce. Change your passwords and the answers to your security questions to help protect yourself.
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You're Awarded the Marital Home But Not on the Current Mortgage—Now What?Can you still maintain the current mortgage if you are awarded the marital home but not liable for the existing mortgage?
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How a Different Perspective May Impact Your Divorce CaseThe perspective that each member of the professional divorce team brings to the table is valuable. Learn about the importance of having the right players on your team.
