Mortgages, Buyouts, & Alternative Financing Solutions

The mortgage landscape today has divorcing homeowners faced with some tough decisions. When your client wants to keep their home, but they currently enjoy a 3% interest rate, owe half of the home’s value, and would be forced to move to a 7% rate on a new loan balance that’s 50% higher than their current one, this option is daunting at best —  and cost-prohibitive at worst.

The good news: There are some creative mortgage alternatives to keep people in their homes. In this session, Jason Gordon, Certified Divorce Lending Professional (CDLP®), and Sean Kirksey, VP of Reverse Mortgage, will explore the ins and outs of reverse and assumable mortgages, including benefits and risks:

• Explore the risks and requirements of reverse mortgages — who is eligible and how these mortgages work

• Learn the nuances of assumable loans, including their stringent requirements

• Identify specific ways to assess if your clients are…