EP #11: Divorce and Home Financing: Essential Insights with Guest Will Camacho
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Making sense of home financing during and after a divorce can often feel overwhelming. Today, we bring you a conversation with mortgage expert Will Camacho, who specializes in bridging the gap between divorce and real estate. This episode is packed with practical insights on how child support and alimony can be leveraged to secure a mortgage but with specific attention to the seasoning requirement many lenders impose. Will sheds light on the significance of consistent income documentation over an adequate timeframe to ensure smooth loan qualification.
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Chapters
1. Introduction to Divorce Diaries (00:00:00)
2. The Impact of Divorce on Mortgage Qualification (00:05:40)
3. Understanding Seasoning in Child Support and Alimony (00:15:30)
4. Balancing Emotional Attachment and Financial Reality (00:25:23)
5. Challenges of Refinancing During Divorce (00:38:33)
6. Final Advice and Resources (00:50:23)
12 episodes