The Affect of Rising Interest Rates and Divorce

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Cash flow is a priority concern for newly divorced homeowners as previous income sources are now reduced and will support two households instead of only one. When the monthly payment after refinancing the current mortgage increases, looking for other ways of improving cash flow becomes an even bigger priority.
When incorporating divorce mortgage planning into the divorce process, a Certified Divorce Lending Professional (CDLP™) will work directly with the divorce team and divorcing homeowners to strategically identify opportunities to improve cash flow to make retaining the marital home more affordable. In addition, a CDLP™ can help identify additional income sources and the strategic assignment of debt obligations helping both spouses to be in a better position for mortgage financing.

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