Your Mortgage Guy For Life

Helping Families Find Home Loans

Brad Lynch
Your Mortgage Guy For Life
Call Me! 469-450-2723

  • Home
  • About Brad
  • Testimonials
  • Reviews
  • Closing Pictures
  • Mortgage Blog
  • Contact Us
  • Get Preapproved Now!

Best Way To Use Mortgage In Divorce

By Brad Lynch on August 13, 2012 1 Comment

How To Implement the Refinance In Writing the Divorce Decree

For a number of years now, I have played a very key roll in devising the best and most reliable plan to split the equity in a home during a divorce.  This post is being written with the divorce attorney in mind as the target audience/reader.  I am not going to spend any time in this post talking about what loan is the best loan to use during an owelty refinance or what is sometimes mentioned the divorce refinance.  If you haven’t read my posts about NOT using the Texas Cashout a(6) to pay off a spouse during a divorce, go read that and come back to this post after your done…be sure to read the frequently asked questions at the bottom of that post.

My home away from home, where my mind rests like no other place...near the ocean.  So I pin it.Attorneys, here is how you use your mortgage guy to execute a perfectly smooth divorce involving the split of equity.  If you follow this plan, it will provide less headache for you and your client, and it will elevate the level of your service. 

As you get to the point in your process where you are trying to figure the best way to request cash for the equity that is rightly owed to your client or your client’s spouse, and you find that the spouse keeping the home either does not want to pay that equity in cash or they do not have the cash, this is when you turn your attention to me.  You would ask your client to call your preferred owelty refinance specialist and get pre-approved for the refinance.  Once that client has connect with me and I’ve pre-approved them, you can have 100% confidence that your client has a way to get the cash needed to pay off the spouse.  If they approve, this limits the amount of back and forth negotiations and talks between the parties or between the two parties attorneys to figure out how that will get paid.  Your client will not have to worry about their x-spouse forcing them to sale the home to pay them off if they can not come up with the cash after the divorce decree is executed.   All the question, worry, and fretting is cleared up during the writing of the divorce decree.

 

Share this:

  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Pinterest (Opens in new window) Pinterest
  • Click to email a link to a friend (Opens in new window) Email

Filed Under: Owelty Tagged With: divorce attorney, divorce lawyer, divorce mortgage, flower mound divorce, frisco divorce, owelty refinance, texas divorce, texas divorce refinance, texas family law

Comments

  1. Dallas Divorce Lawyers says

    May 10, 2013 at 6:43 am

    Dallas Divorce Lawyer Serving North Texas for 15 Years as a family law attorney handling divorce, custody, support and modification issues dedicated to fighting harder for you with positive results restoring your dignity and happiness. Your blog is so good. You have great guidelines to comment on a blog. I will follows always these tips in commenting.

Leave a Reply

Your email address will not be published. Required fields are marked *

Your Mortgage Guy For Life

Our Latest Blog Posts

  • Fannie Mae’s Family Opportunity Mortgage Progam
  • Expert Foresight: Mortgage Rates in 2025
  • FHA: 100% Financing
  • The 5 Most Important First Time Buyers Tips & Facts
  • Keeping Your House After Divorce: Child Support Income to Qualify for Your Mortgage

Connect with Brad

  • Email
  • Facebook
  • LinkedIn
  • Twitter
  • YouTube

Hello there! I'm Brad. If you have any questions as you read through this website you can reach me at 469-450-2723. Or, Pre-Qualify Now For Purchase Or Refinance.

About Brad Lynch

Brad Lynch of Flower Mound, TX has been helping families in the DFW and surrounding areas since 2002. Over 95% of his business during that time has been by referral.

Specialties include, FHA and Conventional Purchase and refinance mortgage, and owelty refinances during or after a divorce.

Texas Recovery Fund Notice

CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT HTTP://WWW.SML.TEXAS.GOV.

Brad Lynch, RMLO, (NMLS #206799) is a representative of Mason McDuffie Mortgage Corporation (NMLS #1141). Mason McDuffie Mortgage Corporation is a registered trade name of Mason McDuffie Mortgage Corporation. Equal Housing Opportunity.

Equal Housing Opportunity

Copyright © 2025 Brad Lynch - Your Mortgage Guy For Life · All Rights Reserved · Website Built and Managed by Digital Donkey Marketing