According to the Financial Divorce Association, 70% of all divorces in the United States involve Real Estate. It has also been stated that 47% of divorces require the marital home to either be sold or refinanced incident to divorce.
Who is on your ‘Professional Divorce Team?’
A professional divorce team has a range of team players including the attorney, financial planner, accountant, appraiser, real estate agent and yes, a mortgage professional. Every team member has a significant role with ensuring the divorcing client is set to succeed post decree.
- Have you thought about the important role your mortgage professional plays on your team?
- Have you considered how consulting with your mortgage professional in the beginning stages of the case can make the post-decree financing requirements more successful and easy for your client?
Every successful divorce case requires the execution of a professional team; so, who’s on yours?
It is always important to work with an experience mortgage professional who specializes in working with divorcing clients. A Certified Divorce Lending Professional (CDLP) can help answer questions and provide excellent advice. To find a CDLP in your area, please click here.
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 lend. Rates change daily - call for current quotations.