You did everything right. You ran the numbers, you talked to the bank, and you qualified for the mortgage. So the house is yours, right? Not necessarily.

In this episode of Divorce Discussions, host Angie Weber sits down with Mitch Irwin, a loan officer and divorce mortgage specialist at Bell Bank Mortgage and a member of the Divorce Support Collective, to talk about the gap between qualifying for a mortgage and actually affording the house you live in.

Mitch has spent 25 years in mortgage lending, and more than half of his business is helping people navigate home decisions during divorce. He explains why lending guidelines let you borrow far more than most budgets can absorb, what it actually takes to keep a low interest rate after divorce, and the single most overlooked line in a divorce decree: a deadline for getting your name off the loan.

He also shares his Mitchisms, the plain language rules he has built over two decades of watching these decisions play out. The one paycheck test. Borrowing no more than two to three times your income. Sleep at night money.

If the house is the decision keeping you up right now, this conversation could save you from one of the most expensive mistakes people make in divorce.

Connect with Mitch:
www.mitchirwin.biz
https://www.instagram.com/mitchirwinmortgagemn/

This is Episode 15 of the Divorce Discussions Podcast by the Divorce Support Collective, where we seek to reimagine the process of divorce through collaboration and support. New episodes drop every Wednesday. Follow the show, leave a review, and visit thedivorcesupportcollective.com for resources and support.

Mitch Irwin, Bell Bank Mortgage, NMLS #451627. Equal Housing Lender. This episode is for general education and is not financial or legal advice.