These complexities demand a team approach, where mediators, attorneys,
and financial planners collaborate with CDLP®s to create cohesive
strategies.
The Role of a CDLP® in Collaboration
Certified Divorce Lending Professionals bring specialized expertise to the
divorce team, bridging financial and legal considerations in real estate and
mortgage decisions. Here’s how CDLP®s collaborate effectively:
Providing Financial Clarity: CDLP®s work with financial planners to
analyze cash flow, support income, and debt obligations. They help
ensure financing decisions align with long-term financial goals while
meeting mortgage underwriting guidelines.
Offering Legal Support: Attorneys benefit from a CDLP®’s
understanding of property division and title issues. CDLP®s provide
detailed reports and pre-approval strategies to facilitate equitable
settlements that align with legal agreements.
Supporting Mediation Efforts: In mediation, CDLP®s act as neutral
advisors, offering creative solutions for dividing property and
structuring financing. Their expertise helps mediators guide clients
toward practical, informed decisions.
06 DIVORCE REAL ESTATE & MORTGAGE JOURNAL
Collaboration
transforms
challenges into
opportunities,
creating pathways
to clarity,
stability, and
better outcomes
for divorcing
clients.
Streamlining Communication: CDLP®s are a liaison between the divorce team, ensuring all
professionals are aligned and clients receive consistent, accurate advice. This coordination minimizes
delays and reduces stress for clients.
Real-Life Success Stories
Case Study 1: Addressing Support Income Challenges
A divorcing client needed to refinance the marital home but was relying on spousal support to qualify. The
CDLP® collaborated with the attorney and financial planner to:
Reclassify support income to meet underwriting requirements.
Create a timeline for finalizing the support agreement to align with the financing process.
Provide pre-approval strategies to ensure the client could retain the home.
The collaboration resulted in a seamless refinancing process and a settlement that satisfied both parties.