Love, Money & the Law

How Home Financing Works During Divorce : Refinancing, Purchasing & Buy-Outs

Episode Summary

The ABCs of Divorce Series welcomes the creator of the divorce lending industry, Noel Cookman. Just when you thought you might need to sell the house, Noel busts through the myths of impossibilities and brings fresh options to the negotiating table! Listen for industry secrets about how the underwriting and qualifying process works, including how child support, spousal support, alimony, and your credit score are considered. Are you a stay at home mom? This episode is a must! To contact Noel Cookman go to www.TheMortgageInstitute.com. .

Episode Notes

Here are just some of the topics you'll hear about ...

• What happens in a divorce if your marital home is mortgaged? Can one party stay in the home, anyway? Why it's not always necessary to sell!
• How do you qualify for a loan? When is the best time to do it?
• How to raise your credit score in order to qualify for a loan.
• How can a stay at home mom refinance so your kids can possibly stay in their home? How and when does spousal support and child support figure into the equation? When do you begin to document?
• Issues to consider when dividing the assets.
• Learn how debt can be excluded from from the spouse who's on the note after divorce.
• Some insights into the underwriting and qualifying process.

... and more! 

Find Noel Cookman at www.TheMortgageInstitute.com and 972.724.2881.

Thank you, Noel Cookman!