The Home Equity Paradox Facing Divorcing Homeowners
Years of appreciation can make a home harder to keep after divorce, leaving originators to solve a financing problem before the settlement is final
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Eric Bernstein is president and co-founder of LendFriend Mortgage. He has originated more than $1 billion in home loans since 2015 and specializes in Non-QM lending, including bank statement, DSCR, and asset depletion loans for self-employed borrowers, investors, and other clients with complex financial profiles.
Years of appreciation can make a home harder to keep after divorce, leaving originators to solve a financing problem before the settlement is final
Oil shocks and geopolitical headlines are moving mortgage rates before the Fed acts, leaving originators little time to prepare borrowers and lock loans when opportunity returns
A practical guide to using bank statement loans for borrowers whose cash flow isn't reflected on their tax returns