A properly diverse divorce team has a range of team players including the attorney, financial planner, accountant, appraiser, mediator, and yes, a divorce lending professional. Every team member has a significant role in ensuring the divorcing client is set to succeed post-decree.
The Benefits of Having a Diverse Divorce Team
Diverse skills allow the divorce team to think about a specific problem in a different, and often more strategic, way. By being able to look at a problem from different angles and draw on a wealth of experience and knowledge from all team members, allows for innovative and creative solutions.
- Diverse Teams Fill In The Knowledge Gap | The reality is that no one knows everything. Teams solve problems faster when they’re more cognitively diverse.
- Diverse Teams Fill In the Perspective Gap | Perspective is the capacity to view or think about a situation or problem in a wise and reasonable way.
- Diverse Teams Fill In the Experience Gap | Experience mostly comes through time, but it can also come from focused learning and specialization.
Leadership is about getting things done with and through other people. When leaders commit to building a diverse team and utilizing each person’s unique contribution, the overall team can experience more success in a shorter period of time. Translating to a better outcome for the divorcing couple.
How Does a CDLP Fit Into the Divorce Team
The CDLP® brings tremendous value to the divorce team during the settlement process because of their stronger knowledge, perspective, and experience of the entire divorce process. Their understanding of the intersection between family law, tax law, real estate, and mortgage financing truly separates them from other mortgage professionals in the industry.
Certified Divorce Lending Professionals have a completely different perspective when looking at a divorce settlement agreement and participating in the actual settlement or mediation process with the remainder of the professional divorce team. CDLP®’s don’t look at the divorce settlement agreement and how it applies to the borrower’s mortgage application. They have a much wider viewpoint and understanding of the entire process – a deeper and stronger perspective of the overall impact divorce has on the divorcing borrower.
“Nothing matters more in winning than getting the right people on the field. All the clever strategies and advanced technologies in the world are nowhere near as effective without great people to put them to work.” - Jack Welch, Winning
Working With a Mortgage Professional Who Specializes in Divorce
It is always important to work with an experienced mortgage professional who specializes in working with divorcing clients. A Certified Divorce Lending Professional (CDLP®) can help answer questions and provide excellent advice that could make a major difference in the outcome of your divorce.
To find an experienced CDLP® in your area, click here.
This is for informational purposes only and not for the purpose of providing legal or tax advice. You should contact an attorney or tax professional to obtain legal and tax advice. Interest rates and fees are estimates provided for informational purposes only and are subject to market changes. This is not a commitment to lend. Rates change daily – call for current quotations. The information contained in this newsletter has been prepared by, or purchased from, an independent third party and is distributed for consumer education purposes.
Copyright 2021—All Rights Divorce Lending Association