Description

Mortgage Decisions During Divorce with Erica Powers

Melissa Joy is joined by Erica Powers to talk about mortgage decisions during divorce. Erica is a licensed mortgage banker with NMLS #739673 at Level One Bankmember FDIC and an Equal Housing Lender, with locations in  southeast Michigan including Ann Arbor and Detroit. She works with clients around the country.

We discuss:

· How do you make a payment fit into your budget when going through a transition or change?

· The value of a relational mortgage banker.

· Why it’s important to establish 6 months of demonstrable income or cash flow for employment, spousal support, etc.

Resources:

· A budget worksheet during divorce from Pearl Planning

· Get in touch with Erica Powers on LinkedIn or Facebook

Raymond James is not affiliated with and does not endorse the opinions or services of Erica Powers Level One Bank. Raymond James Financial Services, Inc. does not provide advice on mortgages. Links are being provided for information purposes only. Raymond James is not affiliated with and does not endorse, authorize or sponsor any of the listed websites or their respective sponsors. Raymond James is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members.

The previous presentation by PEARL PLANNING was intended for general information purposes only. No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from PEARL PLANNING or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Neither PEARL PLANNING’s investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. PEARL PLANNING is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. No portion of the video content should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. A copy of PEARL PLANNING’s current written disclosure Brochure discussing our advisory services and fees is available upon request or at https:...