Divorce Mortgage Specialist
Not only is selecting an experienced professional to help you navigate the divorce process one of the most important decisions one makes during a divorce; equally important is a mortgage professional who is experienced in every aspect of divorce lending and finance . Chris has more than 20 years in the mortgage and real estate industry and has a strong understanding of how the pieces of the divorce puzzle are all connected as they relate to real estate and mortgage financing.
For example, when one of the parties wants to stay in the home and the other is vacating, it is important to consult with an experienced mortgage lender with mortgage banking knowledge to support your strategy, before you draft documents.
In crafting and reviewing a settlement agreement, it is often recommended by bankers with divorce lending expertise, that the divorce specialists (attorneys and mediators) consider the terms of the proposed settlement agreement, in light of how it will be interpreted by a mortgage underwriter. These terms will serve as a road map as to the outcome of whether or not a new recipient of support (alimony or child support) can actually use that income to qualify for a new mortgage.
Here are some common questions Chris can help answer:
Divorce Real Estate Specialist
Experience You Can Trust
When real estate is involved, divorcing couples are looking for professionals who not only empathize with what they are going through, but who understand both the implications of dividing real estate in a divorce situation as well as having the knowledge to provide executable financing strategies.
Purchasing or selling a home is one of the most exciting, and nerve-wracking things you can undertake. Most of us only do it a handful of times throughout our lives. It is especially stressful when you are buying or selling due to a divorce. Because your home is likely your most valuable and important possession, obtaining your purchase mortgage loan may be your largest personal financial transaction. Paula is able to work hand in hand with a divorce mortgage specialist to help divorcing parties achieve their settlement goals.
Having gone through her own traumatic divorce and custody battle several years ago, Paula has empathy and patience with her clients’ predicament . She knows personally how traumatic it is to sell the family home with all attendant memories and traditions to start over in a new place.
Here are some common questions Paula can help answer: