One of the biggest decision divorcing couples face is who gets the house in a divorce. If you’re in this situation, though options might depend on how the home is financed and titled, among other factors. Another question people might ask during a divorce is , “What are my rights if my name is not on the mortgage?” Here’s everything you need to know about how divorce impacts your mortgage.
- REFINANCE YOUR MORTGAGE: Some divorcing couples with a joint mortgage can decide to refinance to a new mortgage in only one of the spouse’s names. This releases a spouse from responsibility for that mortgage when their names is removed from the loan.
- Contact us for immediate assistance, and various options available.
- We will contact your mortgage lender on your behalf and inform them of your intentions to get dicorce.
- Your divorce mortgage options will include refinancing your mortgage, selling your home or paying your ex-partner for their share of equity.
- This is where we at WeBuyProperty Investments comes in to assist, we will make an offer to buy your property cash and settle the bank on your behalf.
