The Divorce Process and Mortgage Financing

The Divorce Process and Mortgage Financing

At what point in the divorce process should you start working with a mortgage professional? The marital home is typically one of the largest, if not the largest, marital asset. In a divorce situation, it may also be one of the largest items of contention as well as...
Should You Buy a New Home with Cash in a Divorce?

Should You Buy a New Home with Cash in a Divorce?

Divorce can be intricate, tricky and emotionally overwhelming. When you have to relocate, find new housing and decide to rent or purchase a new home, you pile on additional tasks and frustration. Many divorcing spouses understand the financial benefits of owning a...
2 Steps To Prevent Identity Theft After Divorce

2 Steps To Prevent Identity Theft After Divorce

During marriage, your financial identity is often times tied to that of your spouse. During a divorce or separation, it’s important to separate your financial identity from the other person’s as quickly as possible. Identity theft is a difficult thing to deal with and...
Quitclaim vs. Warranty Deed

Quitclaim vs. Warranty Deed

The Lindley Team at Mortgage Express  |  503.517.8641 The transfer of ownership in the marital home in a divorce situation happens all the time. A real estate deed is a legal instrument that passes an interest in real estate from one person to another. Understanding...
Refinancing the Marital Home in a Divorce

Refinancing the Marital Home in a Divorce

The Lindley Team at Mortgage Express  |  503.517.8641 Refinancing the marital home in a divorce situation is typically required in order to remove one spouse from the mortgage and to pay the other spouse their share of equity in the property. The number one mortgage...
The Advantage of Temporary Orders in Divorce and Mortgage Financing

The Advantage of Temporary Orders in Divorce and Mortgage Financing

The Lindley Team at Mortgage Express  |  503.517.8641 There are many components of income considered in mortgage financing. When income from a divorce situation also comes into play, working with a divorce mortgage professional during the divorce process rather than...
Voluntary Child Support Payments and Mortgage Financing

Voluntary Child Support Payments and Mortgage Financing

The Lindley Team at Mortgage Express  |  503.517.8641 Qualifying for a mortgage during or after a divorce may seem cumbersome to many with the proof of receipt of income, copies of documents and more. But what if there is no divorce? What if there is no court order...
Avoiding the Due-On-Sale Clause when Transferring a Mortgage in Divorce

Avoiding the Due-On-Sale Clause when Transferring a Mortgage in Divorce

The Lindley Team at Mortgage Express  |  503.517.8641 Although the Divorce Decree may determine who retains ownership of the marital home after the divorce is final, it is important to understand that the Deed, Decree and Debt are three entirely separate issues to...
Can You Transfer a Mortgage in a Divorce?

Can You Transfer a Mortgage in a Divorce?

The Lindley Team at Mortgage Express  |  503.517.8641 With 70% of all divorces in the United States involving real estate, one of the first questions to arise is “Can you transfer a mortgage in a divorce?” The answer is yes and no – depending upon what type of...