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% ...
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.
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 ...
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.
From securing a first home to navigating life’s challenges, Mark Goode and his team offer personalized mortgage solutions.