Mortgages for those in a Divorce or Separation

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Essential Mortgage Advice for Couples Planning a Divorce or Going Through a Separation in Calgary and across Alberta

Essential Mortgage Advice for Couples Planning a Divorce or Going Through a Separation in Calgary and across Alberta

Going through a divorce or separation in the Calgary or surrounding areas is not an easy thing as we're all aware of. My name is Mike Havery, I am a Calgary Mortgage Broker and one of my specialities is helping couples figure out their mortgage requirements after going through a divorce or separation. It's always a very stressful time and I am here to help you along the way.

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Are you getting divorced or separated and do you live in the Calgary, Okotoks, Chestermere, Cranston, Seton, Auburn Bay and surrounding areas? We can help you out.

A mortgage is a large financial obligation. From a mortgage lender's point of view, before anyone heads out to buy another property, they want the people involved with the existing mortgage to properly deal with that one first. Please keep in mind, as long as your name is on the mortgage, you are financially liable for the debt even if you no longer occupy or have anything to do with the property. Being financially liable will impact your ability to borrow in the future. So even if you or your partner is going to keep the home and agrees to pay the mortgage, as long as the other's name remains on the mortgage, they too are responsible for the payments if the other party defaults in any form.

I can help you out and look forward to hearing from you!

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