The Secrets of Real Estate Settlement Agreements


Is divorce preventing the sale of your clients’ home? Or worse, holding up their life as they wait for their divorce.

We know Real Estate is one of the biggest investments many couples make together and whether the Plaintiff or Defendant wishes to remain in the home, or the parties decide to sell and split the proceeds, with some guidance on Settlement Agreement language we provide access to their Real Estate equity. Allowing them to refinance out of an existing mortgage liability or move on to the next property.

While some Settlement Agreement language and many lenders don’t allow either of the divorced parties to refinance or purchase Real Estate for years after the final decree; minor changes in verbiage from an underwriting perspective can make that process available even before the divorce is final.

There are specific expanded guidelines in place for both Conventional and Government mortgages that if followed when writing the Settlement Agreement, will assist the clients to increase their cash out option to 95% of the home value. That is 15% higher than a traditional cash out mortgage! Divorcing couples could also qualify for lower interest rates providing all parties a much better financial future.

Half an hour (.5) of CLE credit will be offered with the surrounding MCLE states

MiMutual Mortgage is a seller servicer to Fannie Mae, Freddie Mac and Ginnie Mae. 

Licensed by the Virginia State Corporation Commission. VA License #MC-5450. To see where MiMutual Mortgage is a licensed lender go to the Nationwide Mortgage Licensing System (NMLS) and search NMLS ID# 12901. Principal licensed office is 911 Military Street, Port Huron, MI 48060. The content in this advertisement is for informational purposes only. This is not an offer for extension of credit or a commitment to lend. All loans must satisfy underwriting guidelines. Equal Housing Lender.

Course Level
CLE Field of Study
Continuing Education Legal Credit
Event Information
Available 24/7
Total CLE Credits


$ (% off)


$ (% off)
Become A Member

Register for this Course

The Secrets of Real Estate Settlement Agreements