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
Melissa Joy, CFP®, CDFA® is the President of Pearl Planning and a Wealth Advisor for Raymond James Financial Services. Reach out for a call today at 734.274.6744. Address: 8031 Main St. Suite 302 Dexter, MI 48130
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