Should You Refinance Before a Divorce?

Going through a divorce is stressful in any situation, but especially so when you and your soon-to-be-ex own a home together. If one of you hopes to keep the home after the divorce, you may have heard you should refinance before the divorce.

refinance before a divorce
Photo by rawpixel on Unsplash

While there are advantages to refinancing before a divorce, there can be some serious downsides, too.

Recently, Lending Tree tasked me with writing an article on the pros and cons of refinancing before a divorce. For insights, I reached out to James Bogatay, a divorce lawyer with Pittsburgh Divorce & Family Law, LLC in Pittsburgh, PA.

You can check out the article here.

Have you ever dealt with refinancing a home before or after a divorce? I’d love to hear your take on the experience!

Advertisements

Leave a Reply