Refinancing a VA Loan in a Divorce Situation

Refinancing a VA Loan in a Divorce Situation

VA Streamline Refinances (IRRRL – Interest Rate Reduction Refinance Loan) after a death, divorce or marriage. The general rule of thumb is that the eligible Veteran must remain on the loan. It’s the entitlement of the Veteran that makes the VA loan possible. 1. Can...
Not All Refinances are Equal in Divorce

Not All Refinances are Equal in Divorce

When the divorce settlement or separation agreement involves refinancing the marital home, understanding that not all refinances are equal and what your options are can help alleviate some of the frustrations involved. Types of Refinancing Options: Basically, there...

Avoid Language Traps in Divorce Settlement Agreements

We know it is important to be very mindful of the words used in a divorce settlement agreement in order to avoid any language traps and future conflict. Word choice can have an effect on the divorcing client’s ability to obtain mortgage financing as well. While it may...
Real Property Transfer in Divorce

Real Property Transfer in Divorce

Real property transfer is unfortunately done more often than not without the proper long term thought or implications – Either from the perspective of a real estate attorney or a divorce attorney. The implications of transferring non-marital property: The implications...
Student Loan Debt & Divorce

Student Loan Debt & Divorce

How Student Loan Debt Effects the Mortgage in Divorce We have all seen many parents who have their own student loan debt or have co-signed student loans for their children. Mandating which spouse will be responsible for making those student loan payments in the...
Disbursing Proceeds when Selling the Marital Home

Disbursing Proceeds when Selling the Marital Home

Disbursing the net proceeds when the marital home is sold or refinanced can be super simple or it can be very complex. Either way, the title company or settlement agent will need to make sure all proceeds are disbursed according to the final separation and divorce...
Refinancing the Marital Home When You Don’t Live There

Refinancing the Marital Home When You Don’t Live There

Many times in a divorce situation, one of the parties may not be living in the marital home at the time of the divorce; however, is awarded the marital home through the divorce settlement agreement or perhaps one divorcing party is awarded an investment property that...
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