When you and your spouse split up, you may feel too busy coping with the immediate issues—like dividing property and arranging child custody—to think about long-term concerns. But there are many important things to consider besides dividing assets and arranging child support payments.
What is Divorced Mortgage Planning
Divorce Mortgage Planning is a holistic approach to evaluating mortgage options, in the context of your overall financial objectives as they relate to divorce situations. Working with the divorce team, a CDLP will help integrate the mortgage selected into your long-term and short-term financial goals. They'll help you minimize taxes, interest expense and maximize cash flow.
We help divorcing homeowners learn about the mortgage financing process, including how to find a lender and how to protect their home equity. We also offer education on ethical lending standards and connect members with opportunities for professional development.
What is a holistic approach?
A holistic approach is a way of thinking about things that takes into account the big picture, not just one element.
As a Certified Divorce Lending Professional (CDLP™), I work with the divorce team to help clients settle their divorces and obtain a mortgage. My focus is also shared with the financial and tax advisors, and the real property itself.
I will be happy to help you avoid some of the pitfalls of divorce and provide you with information and insight through the various tools I use in my practice.
For example, the verbiage in the divorce settlement agreement (or the structure of alimony or the division of assets) can have an effect on whether you can get a mortgage. And the mortgage option you choose will have an effect on your finances and taxes.
Working with an experienced mortgage professional who specializes in serving divorcing clients can benefit divorcing parties you the complexities of obtaining a mortgage following a divorce. As a CDLP™, I can help answer questions and provide excellent advice. If you're going through a divorce and want to explore your mortgage options, please call me at 813-469-4003, email me at [email protected], or start by submitting an online application here.