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 CDLPs 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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How to Handle Net Proceeds From the Sale or Refinance of the Marital Home After a Divorce How to address the disbursement of the net proceeds from the sale of the marital home and also the disbursement of overpayments and escrow account refunds. -
Two Steps to Protect Yourself From Identity Theft After a Divorce is Final Financial identity theft after a divorce usually occurs when spouses still have access to each other's financial information. Here are 2 steps to avoid trouble. -
Dividing Property After a Divorce Using a 1031 Exchange A brief explanation of a 1031 Exchange and the suggested 2-year hold period during Divorce. Learn more about dividing property after a divorce. -
Moving Into an Investment Property After Divorce? There may be a widely overlooked tax consequence for divorcing couples who own an investment property that move into a rental home as their new primary house. -
The Deed. The Decree. The Debt. The deed, decree, and debt all intersect during divorce yet all three need to be dealt with separately during settlement. Work with a CDLP for the best outcome. -
Mortgage Interest Deduction: What You Need to Know The Mortgage Interest Deduction may be a great tax planning tool as long as you understand what you are working with. Here's everything you need to know.