For the vast majority of divorcing couples, their home is their single largest joint asset. In this free article library, we explain how a Certified Divorce Lending Professional (CDLP™) helps couples who are in the process of ending their marriage evaluate their real estate and mortgage financing options to determine the best way to move forward. Learn how CDLPs work with divorcing sellers and buyers to avoid common legal pitfalls, recognize the important tax implications divorcing couples may face, and much more.
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You're Awarded The Marital Home But Not On The Current Mortgage - Now What? If you were awarded the marital home during divorce and will be refinancing the current mortgage into your name or if you will be keeping the existing mortgage as is - if you are not a current mortgagee (borrower) on the existing loan there are a couple of things to keep in mind.