Mortgage Services
Most people know and understand what a mortgage is. Many do not understand how simple this service can be with the right professional serving their needs and reviewing their divorce settlement before it is finalized. Whether you own a house now or not, whether you are keeping it after the divorce or not, you will need the services of a mortgage professional at some point in the future if you wish to be a home owner. Consulting with a mortgage professional now is an obvious need if you intend on buying a new place to live after your divorce. If you are keeping your current house, you still need a mortgage professional to refinance (and therefore re-deed) the house in your name alone and remove your spouse. But what if you don’t intend to be a home owner until sometime in the future?
A knowledgeable, experienced mortgage professional during your divorce is still a very worthwhile plan. You may already qualify and not know it. If you don’t, your mortgage professional will still be able to tell you what impact certain choices will make on your ability to qualify in 6 months, a year, or whenever you are planning on buying. The whole industry talks about rate and credit, but what impact will the debt you are keeping out of the divorce have on your ability to qualify? Maybe you should let your spouse keep the car and all the credit cards (and all the debt that comes with them) if it means you can buy the house you want sooner. Your mortgage professional can answer these and many more questions.
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