refinance mortgage due to divorce

can i lower my mortgage interest rate without refinancing 10 Ways to Lower Your Mortgage Payment without Refinancing – 1. Re-Amortize Your Mortgage. Re-amortizing or recasting is a great way to lower your monthly payment without refinancing. This process involves extending your mortgage term. You can extend it back to a 30 year fixed-rate mortgage and since your loan balance is smaller than it was originally your payment will be lower.

FHA Loan Questions: Divorce, Refinancing – – FHA Loan Questions: Divorce, Refinancing. A reader asks, "My husband is a co-borrower on a 2nd mortgage or loan with his ex-wife. In the divorce decree it stated that she was to have the loan refinanced so his name would no longer be on the loan.

Does a Divorce Settlement Require a Refinance on an Upside. – Typically, such a mortgage happens when the homeowner buys his house in a healthy real estate market that later takes a downturn. When a divorcing couple owns their home subject to such a mortgage, getting rid of the debt can be difficult, and the divorce settlement can require one spouse to refinance the mortgage as part of the divorce.

can the cost of refinance due to divorce be. – Mortgage – can the cost of refinance due to divorce be deducted from community interest?.going through a refinance to buy out spouse’s share. need to know whether the cost of refinancing (closing cost) can be deducted when determining what the community interest is worth. so far, we have the house appraised.

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Confessions of a divorce lawyer – If you’re buying out your spouse’s share, your spouse’s attorney would insist he or she be removed from the mortgage – and one way to do that is to refinance. apple in divorce,” she says. Likewise,

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How to Refinance a Mortgage During a Divorce | Ask a Lender November 28, 2011 – In situations where a borrower wishes to refinance an FHA mortgage with fha streamline refinancing, there may be a need to add or remove another borrower. If a borrower is getting a divorce, for example, refinancing the property under a single person’s name (removing the spouse) would make sense.

Mortgage Hardship Letter Due to Divorce – e Sample Letters – Mortgage Hardship Letter Due to Divorce Divorce is a terrible time to go through – it is not only the emotional trauma that brings us down but also the financial problems associated with it. Many people fall back on mortgage payments after a divorce settlement has taken place and it can be quite traumatic for them to feel that they may not be.

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But it is not a ideal if you need to finalize your mortgage situation right away. VA refinance loans during divorce. You can use a VA streamline refinance to remove a spouse after a divorce.

It's Harder to Divorce the House Than the Spouse! | HuffPost – In many divorces, the marital residence is the single biggest asset, and. can arise post-divorce when it comes to either refinancing the home to. on the mortgage or securing a new mortgage by one spouse alone.. Demetriou further advises, “Divorcing couples sometimes have lower credit scores due to.