For example, if a couple has a $300,000 mortgage with a 30-year fixed rate of 3.25%, their principal and interest payment is $1,306. If they divorce and one spouse needs to refinance at 7.25% ...

If you obtained a joint mortgage with your ex, you’re both responsible for the debt, even after divorce. Divorcing couples with a joint mortgage typically sell the home, refinance the mortgage ...

Phil Galante, mortgage broker and certified divorce lending professional at ProMortgage, says the first thing to do is to consider whether you're a self-employed borrower or W-2 employee.

The first Monday after New Years is believed by many family practice attorneys to be their busiest day of the year, so they call it “Divorce Monday.” But the mismatch between current mortgage ...

A person going through a late-life divorce might even be perplexed by how a reverse mortgage might offer a potential solution to the financial stress of divorce. Profit and prosper with the best ...

But financial realities are making divorce more complicated than ever. With soaring mortgage interest rates and favorable terms locked in during previous years, separating isn’t always feasible.

4. Other mortgage options after divorce There are a few other mortgage options that may be worth considering amid a divorce. For instance, it is possible to keep the mortgage as-is, but this ...