2. Equity Buyout Solutions
Retaining the marital home often involves an equity buyout—a process where one spouse refinances the
home to pay the other their share of the property’s equity. A CDLP® can structure this financing to ensure
it’s affordable and complies with divorce agreements, preserving stability for the spouse and any children
remaining in the home.
3. New Home Purchases
For those looking to start fresh with a new home, a CDLP® can help navigate post-divorce finances,
ensuring that the purchase is sustainable within the new financial landscape. They consider everything from
credit score adjustments to debt-to-income ratios to create a feasible plan.
4. Collaborative Approach
A CDLP® works as part of the divorce team, collaborating with legal and financial professionals to ensure
the mortgage solution integrates seamlessly into the overall settlement. This prevents unforeseen issues, such
as a settlement agreement that inadvertently disqualifies a spouse from securing financing.
Real-Life Impact: A Case Study
Consider Sarah, a divorcing mother of two who wanted to keep the marital home to maintain stability for
her children. Her initial consultation with a traditional lender left her feeling overwhelmed and uncertain.
However, after connecting with a CDLP®, Sarah discovered that her alimony payments could be structured
to qualify as income under mortgage guidelines. The CDLP® worked with her attorney to adjust the divorce
agreement and structured an equity buyout that allowed Sarah to refinance the home while meeting her long-
term financial goals. The result? Sarah retained her home, secured her children’s stability, and gained peace
of mind.
The role of a CDLP® goes beyond simply securing a mortgage. They act as a strategic partner, ensuring that
divorcing homeowners make informed decisions about one of their divorce's most significant financial
aspects. Their expertise reduces stress, prevents costly mistakes, and provides clarity in uncertain times.
CRITICAL STEPS FOR DIVORCING HOMEOWNERS
09 DIVORCE REAL ESTATE & MORTGAGE JOURNAL
Prioritizing expertise ensures that every decision is guided by a solid foundation of
knowledge and experience. This not only paves the way for informed choices but
also cultivates trust among all parties involved, enhances clarity in complex
situations, and ultimately leads to sustainable success and peace of mind.