We've all heard about exploding rental costs in 2022, so buying a home, even in a rising market, may be the best way to lock in dependable payments that don't rise with inflation and build equity for the long term.
But how do you finagle a mortgage when you're divorcing and splitting up assets?
Enter Alex Shelton of Academy Mortgage, who explains some of the key insider knowledge to help you survive the financial spanking that might otherwise lock you out of buying a new house as a single person. In today's episode, Alex talks with Modern Divorce Host and Family Law Attorney Billie Tarascio about how to navigate a mortgage after a divorce. You'll learn what FICO score you'll need for a conventional mortgage, and even some unconventional options that may get you that new place to live.