Mortgage Advice During Divorce Mediation in California
What happens to a mortgage loan during a divorce in California? Scott Levin and Sam Mehta explore the implications of divorce on a mortgage loan and the options and considerations to answer so you navigate this process smoothly. Do you refinance the mortgage? Should you keep the mortgage intact if there will be a buyout by one spouse? What are the negative impacts to the non-owning spouse if he or she remains on the mortgage loan? Consider the intersection of home loans and divorce and learn about the issues most commonly asked about. Learn how couples can both remain on the loan after divorce and the potential risks involved. Learn about the 12-month rule and how a non-owner can stay on the loan but not have it count against him or her when applying for future loans. This discussion really provides great insight and mortgage wisdom. As a creative problem solver for couples wanting to mediate divorce in California, Scott Levin shares his insights and mortgage advice during divorce...