- Scott King
- Leader Bank
- NMLS ID 41665
As a Certified Divorce Lending Professional, (CDLP®), I focus my practice on helping divorcing homeowners make a more informed decision regarding their home equity solutions and the divorce team identify any potential conflicts between the divorce settlement, the mortgage, and the real property.
I am a Licensed Residential Mortgage Loan Officer with 35 years of experience who has a vast underwriting experience to help address your situation in arriving at an informed and favorable decision concerning your home financing requirements. As a CDLP®, I help divorcing homeowners come to terms regarding their home equity solutions by understanding the connection and conflicts between Divorce and Family law, IRS tax rules and mortgage underwriting. Nothing takes the place of hard work and experience. There are no shortcuts in this business. I will help you with your options and solutions whether you need an Equity Buy-Out to acquire your soon-to-be ex-spouse’s ownership interest or be able to purchase a new one once the divorce is final.
Some of the common questions that I see and help address include:
• Is it possible for me to purchase a new home if I am still obligated on the mortgage to the marital home?
• Can I use spousal support and/or child support for qualifying income on a mortgage?
• I am receiving a lump sum payment rather than monthly support. How can I qualify for a mortgage?
• I am obligated to pay monthly support, how will that hurt me if I am trying to obtain mortgage financing?
• I must refinance the current mortgage into my name, can I pay off debt at the same time?
Feel free to use me as a resource and download my Consumer Workbook or reach out directly with any questions. You can also schedule a time to talk directly by clicking on the link below:
Connect with us on social: https://www.linkedin.com/in/scott-king-1707a5a/
How can I help you? Register for weekly divorce mortgage planning tips and newsletter; Download Divorcing Homeowner Workbook or Request More Information.
Always work with a Certified Divorce Lending Professional (CDLP®) when going through a divorce and real estate or mortgage financing is present.
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 engage in a loan transaction. All loan products and loan amounts may not be available in your area and are subject to credit and property approval pursuant to agency and investor guidelines. Information, rates and programs are subject to change without prior notice.
Copyright Divorce Lending Association. No portion of this content may be reproduced without the written consent of the Divorce Lending Association.