Who is on your Professional Divorce Team? Every successful divorce case requires the execution of a professional team; so, who’s on yours?  A divorce attorney may be an expert in divorce law, but they are not licensed loan officers.  Divorce mortgage lending requires expertise in not only lending, but an understanding of divorces.

A Divorce Team is highly recommended to protect your finances.  According to the Financial Divorce Association, 70% of all divorces in the United States involve Real Estate. It has also been stated that 47% of divorces require the marital home to either be sold or refinanced incident to divorce.
Who is on your ‘Professional Divorce Team?
A professional divorce team has a range of team players including the attorney, financial planner, accountant, appraiser, real estate agent and yes, a mortgage professional. Every team member has a significant role with ensuring the divorcing client is set to succeed post decree.

⦁ Have you thought about the important role your mortgage professional plays on your team?
⦁ Have you considered how consulting with your mortgage professional in the beginning stages of the case can make the post-decree financing requirements more successful and easy for your client?

You want a mortgage professional on your team that not only has a game plan for your mortgage financing needs; you need a mortgage professional that understands the tax implications; strategic planning of maintenance and support and can recognize issues or concerns that come across their desk.

I specialize in divorce mortgage lending and would appreciate the opportunity to speak with you about the values that I can bring to your professional divorce team. The best defense is an offense and divorcing clients deserve the best.

It is always important to work with an experienced mortgage professional who specializes in working with divorcing clients. A Certified Divorce Lending Professional (CDLP) can help answer questions and provide excellent advice.  Read more about Divorce and Your Mortgage here.

Richard Woodward, NMLS 217454

Your Local, Direct, 5 Star Rated Mortgage Lender, Specialty Lending Manager

Office:  (214) 945-1066

 mortgageprosus.com/5-star-reviews

Cornerstone First Mortgage NMLS ID #173855

7820 Hague Court Plano, TX 75025                           

Licensed by the Texas Department of Savings and Mortgage Lending (SML) Mortgage Banker Registration. Service First Mortgage is an Equal Housing Lender. This is not an offer of credit or commitment to lend. Loans are subject to buyer and property qualification. Rates and fees are subject to change without notice. The views expressed on this site are those of the individual author and do not necessarily reflect the positions, strategies or opinions of Service First Mortgage or its affiliates.

This is for informational purposes only and not for the purpose of providing legal or tax advice. You should contact an attorney or tax professional to obtain legal and tax advice. Interest rates and fees are estimates provided for informational purposes only, and are subject to market changes. This is not a commitment to lend. Rates change daily – call for current quotations.

Richard Woodward is a Certified Divorce Lending Professional