Frequently Asked Questions
Clear answers to the most common questions about divorce & mortgage options.
What is emergency financing?▶
Emergency financing provides quick access to funds for urgent needs like moving costs, legal fees, or immediate expenses during separation.
What is a spousal buyout mortgage?▶
A spousal buyout mortgage allows one spouse to remain in the family home by buying out the other’s share through specialized financing.
Can I refinance to consolidate debt?▶
Yes, refinancing can help consolidate multiple debts into one manageable mortgage payment, freeing up monthly cash flow.
Do I need a pre-approval?▶
A pre-approval helps you understand your borrowing power and plan ahead for transitions, giving you confidence during negotiations.
Are reverse mortgages available?▶
Yes, Canadian reverse mortgages allow qualified homeowners to access equity in their home without monthly payments.
Do you work with lawyers and realtors?▶
Yes, we partner with experienced family lawyers and realtors to guide you through both the legal and housing aspects of separation.
How long does the process take?▶
Timelines vary, but most financing solutions can be arranged within days to a few weeks depending on complexity.
How much can I borrow?▶
The amount depends on your income, equity in the home, and lender guidelines. We’ll review your situation to determine maximum eligibility.
What are the costs involved?▶
Typical costs may include appraisal fees, legal fees, and lender fees. Often there is no fee at all from the lender. We’ll always explain these fees upfront so there are no surprises.