Melissa Joy is joined by mortgage expert Erica Powers to talk about mortgage decisions during divorce. Erica is a mortgage banker at Level One Bank in southeast Michigan including Ann Arbor and Detroit and she works with clients around the country.

We’re Discussing:

  • How do you make a payment fit into your budget when going through a transition or change?
  • The value of a relational mortgage banker.
  • Why it’s important to establish 6 months of demonstrable income or cash flow for employment, spousal support, etc.

Resources:

  • A budget worksheet during divorce from Pearl Planning
  • Get in touch with Erica Powers on LinkedIn or Facebook