Mortgage Loan Assumption Incident to Divorce
The recent rise in mortgage interest rates is leaving many divorcing homeowners asking, "Can I assume the current mortgage so I don't need to refinance and lose my lower interest rate?"
The correct answer is maybe, probably not, and it depends.
Join the Divorce Lending Association and gain a better understanding of the assumption process and how it may play into divorce mortgage planning.
What is a 'loan assumption' and can I assume the mortgage post divorce?
What are my options if I can't refinance the existing mortgage?
Is there an alternative to a loan assumption?
Identify strategic solutions when integrating divorce mortgage planning into the settlement process.
Visit www.divorceworkshop.com for more information and to take back control.
At the Divorce Lending Association, our mission is to help divorcing homeowners make more informed decisions regarding their home equity solutions and the divorce team identify any potential conflicts between the divorce settlement, the mortgage, and real property.
Divorce Mortgage Planning is the ability to put into play the desired outcome by pairing the needs and options available while incorporating the necessary details and clarity into an executable settlement agreement to obtain closure and peace of mind successfully.
Are you going through a divorce and need information on refinancing your mortgage or buying anew home once the divorce is final? Often conflict arises out of a lack of knowledge. We have an amazing workshop available allowing you to take control of your situation and divorce mortgage planning so you are in a stronger position to negotiate while removing conflict and unrealistic expectations.
Visit the Divorce Lending Association for resources and strategies on divorce mortgage planning.
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