Welcome to TheMortgageInstitute.com!
Through our net branch affiliation with Affiliated Bank, we offer full service mortgage lending. We can obtain mortgages for all sorts of needs. But, our specialty is taking people through the intersection of divorce and mortgage finance.
Whether you are trying to refinance and buy out a spouse (or just get them “off the note”) – or if you need to purchase and are concerned about qualifying during or after a divorce – you have found the solution.
In most divorces, the home is the biggest asset sometimes representing a significant part of a couple’s net worth. Yet it is also one of the most mysterious issues in resolving future ownership, equity buyouts, how the mortgage debt is to be serviced and how to relieve former owners (ex-spouses) of liability. This is because
1) Legal professionals have little if any knowledge of mortgage finance issues (they are legal pros not mortgage pros).
2) The mortgage finance landscape has been convulsing the past several years causing a climate of uncertainty in every area of mortgage underwriting and funding.
3) Until 2002, no authoritative source had been developed – mortgage professionals had not developed an expertise in divorce/finance issues and had not inserted themselves into the process.
