Income vs. Qualifying Income in Divorce

Income vs. Qualifying Income in Divorce

One of the issues mortgage lenders regularly encounter in divorce situations is the distinction between income and “qualifying” income, as defined by mortgage underwriting guidelines. Although ALL sources of income are considered “income” by the...

Valuation and Refinancing of the Marital Residence

Over the years, I have seen several approaches used by divorcing couples to value the marital residence for their settlement. Listed in order of precision and reliability: Arbitrary agreement Zillow/Trulia estimates County tax assessor’s value Realtor Comparative...