Posts Tagged ‘divorce mortgage texas’
Cash-Out vs Rate-and-Term Refinance in Texas: What Divorce Clients Must Know
If you’re going through a divorce in Texas—or advising someone who is (this is meant for your divorce attorneys)—understanding the difference between a cash-out refinance and a rate-and-term refinance isn’t just helpful. It can directly impact: Whether the home can be kept How much equity can be accessed And how much the loan will cost…
Read MoreAre Your Owelty Liens Costing Clients Thousands?
If you’re a family law attorney in Texas—or going through a divorce involving real estate—there’s one critical question you need to ask: Is the Owelty Lien structured correctly for financing? Have you double checked the title history? An existing Texas cashout refinance will prevent the use of an Owelty lien. This means that no division…
Read MoreHow I Helped a Homeowner Complete a Divorce Equity Buyout With Low Credit Scores
Divorce often forces one of the most difficult financial decisions a homeowner will ever make: how to keep the house while buying out a spouse’s equity. In Texas, the best method is through an Owelty lien, but most lenders either don’t understand Owelty liens—or avoid them altogether. They try to force you into a more…
Read MoreWhy More Family Law Attorneys and Homeowners Choose Richard Woodward, During a Divorce Mortgage Transaction
Divorce is one of the most stressful transitions a family can face — emotionally, legally, and financially. When a home, mortgage, or equity buyout is involved, the decisions you make today can impact your financial stability for years. As a Certified Divorce Lending Specialist and a mortgage lender with 25+ years of experience, I help…
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