Divorce & Your Mortgage
Know what’s financially possible before the agreement is final.
When the house is part of the conversation, the mortgage should be too.
When a home is involved in divorce, decisions about refinancing, equity and future housing can have lasting financial consequences. Understanding your mortgage options early can help you make informed decisions before the terms of your divorce are finalized.
Can I Keep the House
Can I Qualify to Refinance?
How Do We Divide the Equity?
Can I Buy Another Home?
Before the agreement says “refinance”…
A divorce agreement can require someone to refinance, remove a spouse from the mortgage, or complete an equity buyout.
But an agreement cannot make a borrower qualify.
Understanding what’s possible before the divorce is final can help prevent problems later.
Start with a conversation.
1.
Tell Us What's Happening
2.
Review the Mortgage& Equity
3.
Understand Your Options
4.
Make an Informed Decision
For Family Law Attorneys
Make the mortgage conversation part of the property conversation.
When a proposed settlement involves refinancing, an equity buyout, mortgage assumption, or purchasing another home, IRON Mortgage can help evaluate the financing side before the agreement is finalized.
A short mortgage conversation can identify potential qualification issues while there is still time to consider alternatives.
There is no charge for the initial consultation and no obligation for the client to obtain a mortgage through IRON Mortgage.
