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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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.
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What Is a Financial Neutral in a Divorce?The financial neutral is an impartial expert in his or her field. A (CDLP™) as a financial neutral can shed light on divorce mortgage planning and the marital home.
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Who's on Your Divorce Team?A professional divorce team has a range of team players, including the attorney, financial planner, accountant, appraiser, mediator, and yes, a divorce lending professional.
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Divorce Mediation - the House, the Mortgage, and the CDLP™Divorce mediation and deciding how to sell or refinance the marital home should include divorce mortgage planning and a CDLP™
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Can I Buy a House if My Name Is Still on the Marital Mortgage?Regardless of whether or not you are still on a marital mortgage during the divorce process, you may still be able to purchase a new home.
Divorce Literacy Publication