Divorce Coaches Academy
Divorce Coaches Academy podcast hosts Tracy Callahan and Debra Doak are on a mission to revolutionize the way families navigate divorce. We discuss topics to help professional divorce coaches succeed with clients and meet their business goals and we advocate (loudly sometimes) for the critical role certified divorce coaches play in the alternative dispute resolution process. Our goal is to create a community of divorce coaching professionals committed to reducing the financial and emotional impact of divorce on families.
Divorce Coaches Academy
Thinking About Keeping the House? A Divorce Mortgage Specialist Weighs In
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Facing divorce and wondering what happens to your home? The decision to keep or sell the marital residence could be the most significant financial choice you make during your divorce—and getting it wrong might haunt you for years.
Tami Wollensak, a divorce mortgage specialist with over 25 years of experience and certified divorce coach, pulls back the curtain on what really happens with mortgages during divorce. She reveals why so many people make catastrophic financial mistakes when it comes to the family home, often because they receive guidance from well-meaning professionals who lack specialized mortgage knowledge.
Throughout our conversation, Tami breaks down complex concepts into practical insights: the true definition of home equity, how support payments affect mortgage qualification, and why your current mortgage payment bears little resemblance to what you might pay after divorce. She shares her own post-divorce homeownership struggles and offers a refreshingly honest take on why renting might be the smarter option for many.
Most crucially, Tami explains the specific timing requirements for using support income to qualify for mortgages—information that even many attorneys don't understand. Did you know child support payments must be court-ordered, received consistently for six months, AND have at least 36 months remaining to count toward mortgage qualification? This single detail could make or break your ability to keep your home.
Whether you're a divorce professional helping clients navigate this terrain or someone personally facing these decisions, this episode provides the mortgage literacy needed to avoid costly mistakes. Discover why consulting a divorce mortgage specialist early in the process could be the difference between post-divorce financial stability and distress.
Ready to make informed decisions about your biggest asset? Tami is licensed in 32 states and has a team that can help with mortgage lending in all 50 states. She would be happy to chat.
You can find Tami:
Website: takeorleavethehouse.com
Instagram: tami_wollensak
Learn more about DCA® or any of the classes or events mentioned in this episode at the links below:
Website: www.divorcecoachesacademy.com
Instagram: @divorcecoachesacademy
LinkedIn: divorce-coaches-academy
Email: DCA@divorcecoachesacademy.com