Posts Tagged ‘Certified Divorce Lending Professional’
Divorce & Mortgages: Avoiding Costly Mistakes Attorneys (and Clients!) Make
Divorce is a complex emotional and financial journey. For family law attorneys and their clients, navigating the intersection of divorce settlements and mortgage lending can be particularly tricky. Misunderstandings about mortgage underwriting rules can lead to settlement agreements that create major roadblocks for clients seeking to refinance or purchase a new home. As a Certified…
Read MoreHELOCs & Divorce: The Hidden Debt Trap You Need to Avoid
Divorce is a complex financial puzzle, and while most couples focus on the mortgage, there’s a sneaky financial trap lurking: the Home Equity Line of Credit (HELOC). If you’re divorcing and have an open HELOC, you’re at risk. These “future advance mortgages” can create major headaches if not handled correctly. As a Certified Divorce Lending…
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