55 - Navigating Mortgage Options to Keep Your Home in a Divorce with Pam Abirached

Keeping the marital home is a common (and major!) consideration in a divorce for those who would prefer to stay. All too often though, divorce agreements get finalized without the proper diligence being done to ensure that the intended actions can even be performed accordingly. There are several options available to homeowners to help them keep their home, but are they available and applicable to your situation??   In this episode I am joined by Pam Abirached, a Certified Divorce Lending Professional™, and we discuss valuable insights into the pros and cons of each option, emphasizing the importance of understanding the timelines & inclusions necessary to ensure that your ideal outcome and your intentions can, in fact, align with what's required by the lenders. We're going to outline the various options and prepare you with action steps so that you can better strategize with your attorney for your negotiation process.   For more information on the P.E.A.C.E. of Mind Initiative and to access the free resource center, please visit https://peaceofminddivorce.info    Jamie Milam is a divorcée, Realtor®, Certified Divorce Specialist®, and aligned strategy enthusiast.  CONNECT WITH JAMIE: https://JamieMilam.com  Instagram | LinkedIn   Book a complimentary mortgage consultation call with Pam Abirached   Episode Moments: 01:20 Understanding the Pros and Cons of Keeping the House and Spouse on the Loan 05:58 The Role of Alimony and Child Support in Mortgage Qualification 13:46 Exploring the Options for Buyout 22:54 Sharing the Little Known Secret that Allows You to Keep Your Interest Rate 32:20 The Importance of Early Consultation with Real Estate and Lending Professionals