usda refinance seperation: USDA Guaranteed Loan Refinance – Post Divorce and Legal Separation - 12/15/12 04:52 AM
USDA Guaranteed Loan Refinance – Post Divorce and Legal Separation
A USDA Guaranteed Loan can be refinance post-divorce without requiring a new appraisal report.  This allows borrowers who owe more on their current mortgage than the house is worth to refinance the house, thus removing their former spouse from title and take advantage of today's low interest rates.  However, the borrower to the transaction that wants to maintain ownership of the property must meet several additional requirements.  These requirements include the following:
Provide a court ordered divorce decree or seperation agreement specifying who is to own the property The remaining borrower must be able … (5 comments)

 
David Zuckerman, Mortgage Broker - Low-to-no downpayment mortgages (Millennial Home Loans, LLC)

David Zuckerman

Mortgage Broker - Low-to-no downpayment mortgages

Sykesville, MD

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Millennial Home Loans, LLC

Address: 1722 Splendor Drive, Woodbine, MD, 21797

Office: (866) 552-5912

Mobile: (443) 791-9333

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