REPRINTED FROM THE DIVORCE LENDING ASSOCIATION
Undeniably, one of the most valuable reports that a CDLP® can provide the divorce team with is the CDLP® Divorce Mortgage Planning and Real Property Detail Report (DMPR).
This report provides the divorce team with details about the real property, including ownership status, deed type, property tax, valuation, ATROS, homeowner insurance, existing mortgage(s), equity status, and more.
Additionally, this report breaks down the financial details of the proposed borrowing spouse, including income and debt analysis from a mortgage planning perspective. This is valuable information to the divorce team because not all income sources may be qualified income from a mortgage planning and approval perspective.
The CDLP® Divorce Mortgage Planning and Real Property Detail Report provides all divorce team members with an enormous amount of information invaluable to helping the divorcing homeowners make more informed decisions regarding their home equity solutions.
I am part of this organization and have been for a while and this report is an indispensable tool for assisting the divorcing couple and their team in integrating the marital home and any other properties into the discussion and negotiation. I see all too often when the home and property issues are kicked down the road and when the divorcing couple finally get to addressing real estate issues, it can be too late to adjust quickly and efficiently.
If you are looking at divorce, do yourself a favor and let me help you out with a sample.
If you know of anyone who could use our help, please do them a favor and get them in touch with me.
I always end with a reminder that we have discounts available for veterans, first responders and law enforcement. Make sure that you check out the section of the page covering our commitment to those who served with discounted mediation services. My lending partner also offers a discount as well, so if your buying or refinancing check it out.
There is also a wealth of information at my profile on the Divorce Lending Association. This is a great place to start if you are not yet ready to pull the trigger but want to know why you need The Divorce Housing Pro and a CDLP.