Arizona Divorce | Can I Refinance the House After a Divorce?

You can absolutely refinance the house before, or after a divorce, but not during the dissolution of marriage procedure (unless there is compelling evidence to do so and the judge approves of the refinance.)

How Do You Refinance the Mortgage on a House?

Refinancing the mortgage on a house involves working with a mortgage broker or mortgage banker and going through the home loan qualification process, just like you are buying a new home. 

In fact, you are taking out a new loan for the house, so this is a new home loan for you. 

Mortgage Brokers and Bankers – What’s the Difference?

Mortgage Brokers usually work with many lending institutions in order to get your new mortgage processed for what they feel is the most advantageous program.

Because mortgage brokers work with several different lending institutions they sometimes have access to programs that some mortgage bankers do not.

Mortgage Bankers usually work with one major bank and their options are sometimes more limited than that of a mortgage broker, but I have personally found that mortgage bankers charge lower fees than a mortgage broker. 

You should do you research on a new home loan with two or three different lenders and ask your family and friends if they can refer you to a trusted mortgage banker or mortgage broker.  

I have two or three friends in the mortgage business and I can refer you to them upon your request.