The document provides information and advice for homeowners going through a divorce who want to keep their home or purchase a new one after the divorce. It discusses factors lenders will consider like income, credit, debts, alimony and child support payments and recommends having your financial situation reviewed by a divorce lending expert before finalizing your divorce agreement. The expert can help determine if you qualify for a mortgage and provide strategies to allow you to stay in your home.

2. Want To Keep Your Home After the Divorce?
The question whether or not you can keep your home after the divorce adding stress to your already
demanding situation?
Are you not wanting to move the children to a new environment if you don’t have to?
What income & credit items will a lender evaluate, after the divorce, in order to approve your desired
home loan?
How has your receipt or payment of temporary support impacted your ability to qualify for a new
home loan? How will your final support award impact that ability?
Was or will it set up as qualified income.
Your ex-spouse has always handled the financial items in your household and you are not quite sure
where to turn to determine “can I afford this home on my own?”
Are you agonizing over the decision as to whether or not you should sell your home and downsize or
just rent?

3. Do You Want to Buy Your Own Home and Obtain a New Mortgage?
Have your income reviewed by us before the completion of your divorce.
Know where you stand before you negotiate or sign.
Have your credit report & credit score analyzed by a Family Law Lending
Expert. Knowledge is Power.
Speak with us regarding possible NEW solutions regarding your debts which will remain
post divorce and your potential obligation to pay child support and/or alimony!
Qualified Income IS NEEDED
Call us right away, preferably at the beginning of your case!

4. Does your client want to stay in the marital residence or purchase a new home?
How will underwriting guidelines impact your case strategy today?
Do you want a Divorce Lending Expert to give you and your client certain significant home loan
information, prior to the signing of the PSA?
What we do:
We are your consultants, to assist you in providing an achievable strategy for case-solution,
involving the marital residence, and then we provide the home loan to fund that solution.
Property Settlement Agreement

5. Do not pay collections until your mortgage lender has a chance to review your credit report. Keep in mind that credit
scores can drop when you pay a collection. While this doesn't happen in all cases, don't take the chance until your
mortgage professional advises you on what to do.
Keep your balances on your credit cards low. The biggest contributor to your current credit score is how you've used
your credit cards. That means that your balances have to stay as low as possible at all times while you are getting your
loan approved. Don't run up balances and pay them off – that can backfire!
Do not close ANY cards. Even if you pull your own report and see something like “Too many revolving accounts”,
it doesn't mean you should close any credit cards (that line means something else). When you close cards, it
changes your available credit. And if you carry balances, it means you're using more of what is available to you
over all. If that goes up, your score goes down. Keeping accounts open helps!

6. Thomas A. Mastromatto NMLS ID # 145824
Family Law Financing and Reverse Mortgages
Right Start Mortgage Inc #35960
928-533-6593 855-684-5363 x 1000 855-393-2226 Fax
http://www.arizonadivorce.us
Right Start Mortgage. 3452 East Foothill Blvd. Suite 700, Pasadena, CA 91107