Spousal Buyout Mortgage

A spousal buyout mortgage is a loan that allows you to refinance your property and buy out your ex-spouse / partner if you are divorcing or separating.
This is particularly useful if you want to keep the property, and you don’t want to sell it.
The individual staying in the home can refinance the home at up to 95% of the homes appraised value.
The spousal buyout program is not only for married and common-law couples who are ending their relationship; it’s also for friends or siblings who want to be removed from a mortgage.

This may require a few steps.
Ending a relationship comes with its fair share of challenges.
Let us help you look at options that could help you keep the property you call home.