Divorce & Spousal Buyouts

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Breaking up is hard enough, but when you add the stress of financial hurdles like, “What do we do with the house?” it can become completely overwhelming. Let us help you manage the process and ease a little tension.

The matrimonial home is an asset that can afford both partners a fresh start.

You may decide to sell and use the proceeds as a down payment on a new home, refinance to 80% of the home value to payout one spouse, or do a spousal buyout to 95% of the home value that allows for one person to stay in the house with a fair buyout and potentially cover other joint debts as well.

A scale with a bag of money on one side and a home graphic on the other to demonstrate what a home equity loan is
Collateral Mortgage Debt Consolidation Reverse Mortgage Second Mortgage Working With a Mortgage Broker

Understanding Home Equity Mortgages and Loans

The Mortgage Advisors | July 3, 2024

If you are planning a large expense or are looking to consolidate high-interest debt, your home can be an excellent source of funding. By taking out a loan against your…

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Is Debt Consolidation the Right Solution for You?

The Mortgage Advisors | July 24, 2020

Are you paying multiple debts with different interest rates? If so, it can be challenging trying to keep track of all the payments, especially when they come out on different…

Debt Consolidation

Take These Steps to Consolidate Your Debt More Effectively

The Mortgage Advisors | August 15, 2018

Are you struggling to pay off your debt load? It may be time to consolidate your debt into your mortgage. This strategic method can help bring relief to your mortgage…

Talk to a Mortgage Advisor today

to discuss how you can navigate the difficult process of not only structuring a buyout so one spouse can keep the residence, but also helping the other spouse purchase their new home.

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