Divorce Lending Program
Dream Home Lending has a special team in place to ensure the smoothest process possible for our customers who are encountering a change of life and in need of home financing.
What is the Divorce Lending Program?
Dream Home Lending’s Divorce Team is a professional divorce cadre with a broad range of experience, including attorneys, financial planners, accountants, appraisers, mediators, and yes, a divorce lending professional. Every team member has a significant role ensuring the divorcing client is set to succeed post-decree.
Some benefits of the Divorce Lending Program are:
Mortgage Financing
DHL’s Divorce Team is highly skilled in specific mortgage guidelines as they pertain to divorcing clients. They are ready to recommend financing strategies to help divorcing clients identify mortgage financing opportunities for retaining the marital home while helping ensure future mortgage financing for the departing spouse.
Divorce Law
DHL’s Divorce Team is able to identify potential concerns with support/maintenance structures that may conflict with mortgage financing opportunities. They can also provide opportunities for restructuring a real estate portfolio to increase available cash flow when needed.
IRS Tax Law
DHL’s Divorce Team can recognize potential legal and tax implications with regard to mortgage financing in divorce situations. They maintain a strong commitment to staying up to date with the ever-changing industry guidelines and tax rules with respect to divorces.
What is a CDLP?
A Certified Divorce Lending Professional (CDLP) has a strong financial background and a keen understanding of legal and tax matters related to divorces to help craft successful mortgage and real estate strategies for divorcing clients.
In addition to assisting the divorcing client, the role of the CDLP includes helping the attorney and financial planner identify potential opportunities and challenges divorce can bring to mortgage financing during and after the divorce. When the CDLP is involved during the divorce process, and not after the fact, many potential financing struggles can be avoided through valuable professional input. Dream Home Lending’s Divorce Team is ready to help you with this next step in your divorce process, from start to finish.
This website contains general advice only and does not take into account your financial circumstances, needs, and objectives. Before making any decision based on this information, you should assess your own circumstances or seek advice from, but not limited to, a financial adviser, accountant, attorney, or other applicable professional.
