CDLP Difference 

How does a Certified Divorce Lending Professional (CDLP®) differ from other mortgage professionals? The simple answer lies in their specialized approach. Due to their unique training, CDLP®s offer a distinct perspective on mortgages in the context of divorce, providing comprehensive and tailored strategies that bridge the gap between divorce, homeownership, and financial stability.

Key Differences of a Certified Divorce Lending Professional (CDLP®)

Specialized Expertise in Divorce Situations:
CDLP®s have specialized training and expertise in handling the financial and legal challenges that arise during a divorce. This includes understanding the impacts of divorce settlements, spousal support, and child support on mortgage financing.

Navigating Complex Income Issues:
CDLP®s excel in assessing complex income situations common in divorces, such as fluctuating spousal or child support. They work with the divorce team to identify strategic maneuvers to improve client income streams, enhancing mortgage eligibility.

Collaboration with Divorce Professionals:
CDLP®s often collaborate closely with divorce attorneys, financial advisors, and mediators. This teamwork ensures that mortgage-related decisions are seamlessly integrated into the divorce settlement to benefit their clients.

Understanding Divorce Law and Settlement Implications:
With a strong grasp of divorce law, CDLP®s understand how divorce decrees and settlement agreements can impact mortgage options and future eligibility, offering tailored advice based on these insights.

Protection of Clients' Interests:
CDLP®s focus on safeguarding their clients' long-term financial security and homeownership goals throughout the divorce process and beyond.

Educating Clients on Options and Risks:
CDLP®s provide comprehensive education on various mortgage options, including their potential risks and benefits, especially in the context of divorce.

Refinancing and Equity Buy-Outs:
CDLP®s are well-versed in refinancing options and equity buy-outs, which are common when one spouse wishes to keep the marital home.

Customized Mortgage Solutions:
CDLP®s deliver customized mortgage solutions tailored to the unique financial circumstances of divorce, addressing credit issues, asset division, and joint debt management.

Summary

A Certified Divorce Lending Professional (CDLP®) brings a specialized set of skills and knowledge to the mortgage lending process, particularly suited to address the complexities and challenges faced by individuals undergoing divorce.

How Are You Integrating Divorce Mortgage Planning into Your Case Management?

Incorporating a CDLP® into your divorce case management can provide strategic solutions and ensure a smoother transition into post-divorce financial stability. CDLP®s offer clarity and suggested language in settlement agreements to avoid complications with mortgage loans, equity buy-outs, or new purchase loans.