Here are a few resources concerning Estate Law, Family Law and Personal Injury Law in Albuquerque and New Mexico:


Divorcing Your Mortgage Education Series

VA home loan mortgages are a fantastic benefit of qualifying veterans who meet the requirements set by the Department of Veterans Affairs, but what happens to a VA loan when a couple divorces?

The VA home loan is intended for military members who meet minimum requirements. Certain surviving spouses may be eligible for the VA loan benefit at the discretion of the Department of Veterans Affairs. However, certain questions need to be considered on behalf of the divorced, non-military spouse of a veteran as well as the veteran.

Can a divorced, non-military spouse keep the VA mortgage and the house?

    • The answer depends partially on state law, but also the language of the legally binding mortgage contract and whether or not the spouse has an obligation on the current VA mortgage.

In cases where a non-military spouse is not legally obligated . . .CLICK TO READ MORE

 

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