Welcome back to the Jose Luiz Morales Show. For our ninth episode, I sat down with loan officer and Certified Divorce Lending Professional (CDLP) Denise Fontain of Provident Bank Mortgage to discuss her role in helping buyers and homeowners in the middle of a divorce handle the hiccups that can arise during their home purchase or refinancing process.
Cited below for your convenience are timestamps that will direct you to various points in the interview. Feel free to watch the full message or use these timestamps to browse specific topics at your leisure:
1:24 - Denise explains the difference between CDLPs and other lending professionals.
2:29 - A few of the ways divorce can impact a buyer’s or homeowner’s lending goals.
4:53 - Denise explains the coming change to alimony-related tax laws.
6:57 - The importance of contacting a loan officer early on when going through a divorce.
15:18 - Why taking yourself off the title is not the same as refinancing.
16:52 - Denise explains the gap in knowledge between family law attorneys and financial experts.
18:28 - The dangers of delaying the refinancing process during a divorce.
20:11 - The first steps Denise takes when meeting with clients.
23:02 - Denise explains why she became a CDLP.
25:04 - How equity buyouts differ from other refinancing options.
29:18 - How the age of a homeowner’s children can impact their ability to refinance.
31:56 - What happens when homeowners or buyers fail to connect with a CDLP.
35:25 - How to contact Denise.
As always, if you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.