Washington State Mortgages, Made Clear. Buying or Refinancing? Let's find the right loan together.
Going through a divorce or dissolution of a domestic partnership is one of the most stressful experiences a person can face. In the middle of everything else — attorneys, finances, emotions — your mortgage may feel like a detail you’ll deal with later. But how you handle the mortgage during and after a divorce can have lasting consequences for your credit, your finances, and your ability to buy a new home.
Here’s what Washington homeowners need to know. [Read more…]
Divorce and separation create real mortgage qualifying challenges — particularly when alimony or child support payments are involved. Understanding how lenders treat these obligations can make a significant difference in how much home you qualify for, and which loan program works best for your situation.
This guide covers how alimony and child support are treated under conventional, FHA, VA, and USDA guidelines — and the strategy that can dramatically improve your qualifying position. [Read more…]
I’ve written articles before about issues to consider if you’re going through a divorce and have a mortgage…what if you were never married? Couples (or single people) often buy homes together…what if worse case scenario, it doesn’t work out and one party wants to keep the home? [Read more…]
