Conversations About Divorce

Divorcing Your Mortgage

08.22.2016 - By Mandy WalkerPlay

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For most couples, the marital home is the bulk of their wealth. If one party wants to keep the home, it means buying out the other party. That typically means refinancing. If you’re leaving the home, then you’ll likely be looking to buy another - that means finding financing. Regardless, it’s complicated. What you don’t know could hurt you:Can you be released from your current mortgage?What is a contingent liability?What is the difference between a Cash Out Refinance and an Equity Buyout?What it takes for spousal support and child support to be considered qualified income?Why is a refund check a contentious issue?Join Mandy and her guest, Jody Bruns, a senior mortgage consultant with New American Funding as these issues and more.Bruns is the founder of the Certified Divorce Lending Professional certification program. Find a CDLP near you at the Divorce Lending and Real Estate Association.Download Jody's free ebook: Divorcing Your Mortgage: Top 10 Things You Should Know About Your Mortgage When Going Through A Divorce.Are you looking other tips on getting divorced? Download Mandy’s free audio program: What You Need To Know About Divorce Preparations.

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