Divorce In Texas Archives | The Richard Woodward Team Nexa Mortgage

Hey there! Are you currently grappling with the difficult decision of whether to sell or keep your home during a divorce? I understand how overwhelming this choice can be. As a licensed lender and experienced divorce lender professional, I’ve guided numerous individuals through the complexities of divorce and mortgage decisions. In this article, I’ll help…

Divorce and Mortgage: 10 Expert Tips to Keep Your Home and Your Sanity

Divorce is a challenging time that brings significant changes to one’s life, and it’s crucial to approach it with careful consideration, especially when it comes to financial matters. At The Richard Woodward Team Nexa Mortgage, we understand the complexities of divorce and the impact it can have on your financial well-being. That’s why we emphasize…

Hey there! Are you currently going through a divorce and feeling overwhelmed by the thought of what might happen to your mortgage? Don’t worry, you’re not alone. As an experienced divorce lender professional, I’ve helped countless individuals navigate the complexities of divorce and mortgage. In this article, I’ll reveal some essential secrets to help you…

Understanding the Transfer of Real Estate during Divorce.

When transferring title and ownership to real estate during divorce, it is important to have an understanding of the various real estate deeds. When the title is not properly conveyed, problems can occur. During a divorce, title and ownership interest are very likely to change. In this article we will discuss ways to transfer title…

Equity Buy Out Preapproval During A Divorce is just as important to obtaining mortgage preapproval to purchase a new home. It has been common practice for many years. A preapproval shows the home seller that the buyer has the financial strength to obtain mortgage financing to successfully complete the purchase transaction. The mortgage purchase preapproval…

Voluntary child support payments are the right thing to do in many cases when going through a divorce but how does that affect mortgage financing? 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…

Understanding your divorce mortgage options in Texas as it is a little different than other states. If you are going through a divorce, mortgage issues need to be addressed and taken care of if the two of you own a home together. Even if your divorce decree states one spouse will be responsible for the…

Qualifying for a mortgage when getting a divorce in Texas. Qualified divorce income calculation can be very tricky. Often times in a divorce and mortgage situation there are various types of income to consider: Employment Income; Alimony/Maintenance Income; Unallocated Maintenance Income; Child Support Income; Property Settlement Note Income; and more. Although all sources of income…