The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

Image of a modern house with a document titled 'Refinance Agreement' and a split keychain symbolizing a divorce settlement. The scene includes subtle financial elements like a calculator and pen, emphasizing the mortgage refinancing process

How to Structure a Divorce Buyout as a Limited Cash-Out Refinance with Fannie Mae

By Scott Sheldon / December 4, 2024

Divorce is already an emotional and challenging process, and figuring out how to handle property settlements can add another layer of stress. If you’re looking for a way to buy out your ex-spouse’s share of your home, a limited cash-out refinance under Fannie Mae guidelines could be the ideal solution. This approach simplifies the settlement…

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