Addressing Mortgage Concerns during a Divorce

When:  Nov 10, 2018 from 11:15 AM to 12:15 PM (CT)
Associated with  Section - Family Law

Deadline to Register: November 8

This presentation will review the most common issues (and solutions) parties face when it comes to buying or refinancing a home during a divorce.  Knowing what issues come up, key language needed for the decree, and understanding the timing of the legal and mortgage processes can make the difference between getting a loan approval vs denial. 

The following specifics will be addressed: 

  • Can a party buy another home if their name is still on the old home?
  • What are the requirements to use child support or spousal maintenance to qualify for the home loan?
  • Timing.  When can someone buy or refinance a home when a divorce is in process?
  • Marital Lien vs Cash Equalizer – the language in the decree can have a significant impact on the loan. 
  • Creative examples to address debt through marital liens 

The Family Law Section membership will meet prior to the CLE at 9:30 a.m. 

All Section members are welcome and encouraged to attend. The meeting agenda and materials will be sent closer to the meeting date.

Presenter:

Mitch Irwin, Residential Loan Officer | Bell Bank Mortgage

CLE Credits:

1.0 Standard CLE credit | Event Code: 265573  

Cost:

Section Member: Free 
MSBA Member not in the section: $5.00 
Non-Member: $10.00 
Law Student: Free

Remote Participation: 

Remote attendance is available.  Please indicate this option when registering. Instructions will be emailed to you the day prior to the CLE.

Satellite Locations 
*Please RSVP (email or call) to the host if you plan to attend and let them know when you will arrive.

Duluth/Esko - hosted by Peter Radosevich
Radosevich Law Office
3 Hwy 61 E
Esko, MN 55733
(218) 879-0008 
**CLE & Business Meeting**
*Pizza and beverages provided

Faribault - hosted by Chris Braden
J. Scott Braden Law Office
415 2nd Avenue NW
Faribault, MN 55021
(507) 332-7483
**CLE & Business Meeting**
*Donuts and refreshments provided

(If you would like to host a satellite location, please contact Geen Mui.)

Want more information about the Family Law Section
To register with a check, please mail in this registration form
Need to cancel? Please see our cancellation policy
Questions? Contact Geen Mui | 612-278-6346

The MSBA is committed to creating an inclusive environment in which all members can participate fully. If you need reasonable accommodations to participate in this event, please notify Geen Mui via phone or email: gmui@mnbar.org.  Please provide notification at least 72 hours prior to the meeting to allow sufficient time to make arrangements for accommodations. Thank you.

Location

Minneapolis